$wll I just read the news and it doesnt say you& #39;ll be given 3% of your dollar. It says equity holders will be given 3% of the reorganized company. Equity = asset - liability. If share holders account of 229mil of the current 4billion in equity this is 5%.
If you turn around and get 3% of a healthier company with less liabilities, I think you& #39;re coming out WAY ahead. PS - I& #39;m not a finance guy so please feel free to correct my math.
It would have been a wild ride but I& #39;m kinda regretting selling 5k of my $wll shares now.
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