The one that got away?
My mind was consumed earlier in the week with a Delphi trade, but I didn't act.
1) Low capital risk - it's not exactly trading at a high multiple
2) UAW is difficult and demanding, but backed against a corner, they are likely to approve the concessions that management needs.
3) Back testing purchases on corporate BK's generally yields a winning trade.
But to paper trade it and do it are two different things. Today's bounce may be all we see from this one. The fear of buying a co that just went BK is probably the reason it tends to be a solid trade. My mind knew it would be good, but my body refused to react to a stock trading under .50 (this is not the domain I live in, unlike others).