InvestorsHub Logo
Followers 27
Posts 4079
Boards Moderated 0
Alias Born 11/08/2008

Re: None

Friday, 12/26/2014 11:24:34 AM

Friday, December 26, 2014 11:24:34 AM

Post# of 41703


Sometimes, when stocks drop precipitously, they can easily over do it on the downside, as panic-selling ensues. These large declines can provide an attractive entry point for investors. The problem is that the biggest declines in stocks often occur the day that a company files for bankruptcy. Does that mean that bankrupt stocks can be a good buy? No, although some people don't realize that. Before buying that company that just filed Chapter 11, know the facts, and find out why any amount of money put in is bound to be lost.
(To learn more details about a Chapter 11 filing, refer to An Overview of Corporate Bankruptcy.)http://www.investopedia.com/articles/stocks/09/bankrupt-stocks.asp ..

IMO

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.