| Followers | 218 |
| Posts | 38765 |
| Boards Moderated | 0 |
| Alias Born | 04/29/2008 |
Tuesday, December 09, 2014 6:07:40 AM
Since I've been calling this correctly for years now, I think I'll stick with my opinion that no one "merges" with a de-listed, bankrupt company.
There will always be "unknowns". You have to go with the odds, that's what investing is all about. We don't "know" that the bankrupt, delisted company isn't holding a winning Powerball ticket either, but I wouldn't buy the stock based on hoping they did.
Unfortunately, the time for self-doubt would have been when anyone put in their buy order for this obvious disaster in the making.
There will always be "unknowns". You have to go with the odds, that's what investing is all about. We don't "know" that the bankrupt, delisted company isn't holding a winning Powerball ticket either, but I wouldn't buy the stock based on hoping they did.
Unfortunately, the time for self-doubt would have been when anyone put in their buy order for this obvious disaster in the making.
Competing is intense among humans, and within a group, selfish individuals always win. But in contests between groups, groups of altruists always beat groups of selfish individuals.
E. O. Wilson
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
