The fact CDC Software reported a wider loss on flat revenue for the third quarter ended September 30 is probably less important than events in bankruptcy court. Earlier this month, a United States trustee and CDC debtholders both moved for the appointment of a Chapter 11 trustee. Meanwhile NASDAQ implemented a move that turned a trading halt for the company’s stock to a suspension that went into effect on December 12. The Class A shares moved to the pink sheets. Read more...