It's a crapshoot with Q stocks 9 out of 10 times the commons are cancelled when the company emerges from bk. for now I'm just playing the bounce from the lows with the 160 mil DIP financing news. the real move will come if and when the Co. communicates that the common shares are not being cancelled or at least in some way have value. so trade for now and wait to see the official announcement in the 3rd quarter. There's also one other catalyst in play on $AROPQ is a buyout offer since that's also on the table.
(1)
(0)