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Your scenario is about the only one I've heard that ends up being a win for the common shareholders. If things play out according to your script you guys will be the only ones (that I've seen) who have predicted such an outcome.
Feb 12 16:46 pm
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All Comments by Chesspower »Sirius: Is Chapter 11 Good for Shareholders? [View article]
I can imagine how fast the pps will take off if the much maligned Mel can pull a debt dissolving rabbit out of his hat!
Still, after the lessons I've learned from the stock market lately; I think I'll start burying my retirement cash in coffee cans in the back yard...seems less risky...