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	<title>Essentials of Investing &#187; Cancelled Common Shares</title>
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		<title>Approach Distressed Companies With Care</title>
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		<pubDate>Fri, 10 Oct 2014 20:18:10 +0000</pubDate>
		<dc:creator>Eric Ellis</dc:creator>
				<category><![CDATA[Investment Strategy]]></category>
		<category><![CDATA[Cancelled Common Shares]]></category>
		<category><![CDATA[Reorganization]]></category>

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		<description><![CDATA[Speculating on troubled stock is a dangerous game.  Recently I have read a lot of comments about ITT Educational Services, Inc. (NYSE: ESI) and they bring back bad memories. Many public companies go bankrupt and ESI seems to be following the script: government scrutiny, management shakeups, delayed financials, huge drops in the stock interspersed with   ...]]></description>
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