Sunday, December 16, 2007

New Century Financial Common Stock is a Zero

NEW CENTURY FINANCIAL CORP filed this Form 8-K on 12/14/07:

"Based on a preliminary review of the claims against the Company received by the claim bar date, the Company currently believes that there will be no recovery in respect of the Company’s outstanding common stock under the Debtors’ plan of liquidation."
You've come a long way, baby!

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