if TMA declares bankruptcy, how much more will it fall?

Discussion in 'Stocks' started by DataCruncher, Mar 10, 2008.

  1. I'm wondering because sometimes stocks undergoing bankruptcy proceedings trade higher than you would think even after the declaration.
    Delta Airlines comes to mind. I wonder what TMA's price would do since it is already in the 70 - 80 cent range.
  2. tma will have nothing left after the call, nada. Except maybe office chairs and desks. Delta is a completely different story.

    There maybe a surge due to speculation, but do you really want to bet on that?

    Only play this, if you think there will be a bailout/rescue, othewise it's dead.
  3. does TMA have proprietary mortgage origination software and/or infrastructure? that might be worth something, although I agree the comparison to Delta doesn't hold up
  4. Eventually to 0!