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MerthyrQ

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MerthyrQ

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Re: LouisDesyjr post# 1257

Wednesday, 03/30/2016 12:48:31 PM

Wednesday, March 30, 2016 12:48:31 PM

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Case in point about trading stock of a company in bankruptcy.

I made some nice profits trading America West Airlines stock during the time between it filing under Title 11 and the date of stock cancellation. I also made some nice profits from the new stock issued.

Also, for entertainment I track several stocks which have had no business activities for years. I observed one stock that went to over $11 for a company that never had any revenue. Strange? Yes! It happened.
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