Quote:
Originally Posted by Nathans_Dad
Third, Ford has to declare Chapter 11 either with or without a bailout from the gov't and reorganizes. If that is the case, and you keep your shares throughout the reorganization you should receive shares in the new company. It may not be 1:1 for your shares, but you will get shares.
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Most Chapter 11 bankruptcies do
not result in the common shareholders getting anything.
Considering their debt, Ford in bankruptcy would leave nothing for the common shareholder.
I've made quite a few "high risk" trades in the past and am not afraid of risk, but am only interested in taking on high risk if there is potential for a high return that justifies the risks.
I see virtually no potential for any high returns by buying Ford; I see a high likelihood of a bankruptcy and complete loss for the common holders.