Is NEW (New Century Financial) trading at a bargain?

Seems like it could be trading at a huge bargain, could be a great buy opportunity. Any thoughts on this?

 

http://www.elitetrader.com/vb/showthread.php?s=&threadid=88523

 

If you like buying near bankrupt companies then - yes

 

Just go to Bellagio and put it all on black.

 

I'd take that bet over NEW in a second.

 

Thanks guys, I didnt know they were near bankrupt. I saw the market run up when everyone was covering their shorts, and I thought the bottom was over.