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bar1080

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bar1080

Re: nit2winit26 post# 4913

Wednesday, 02/04/2015 3:48:48 PM

Wednesday, February 04, 2015 3:48:48 PM

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What NYSE firm traded at 1-cent on the day it filed BK? I've seen some that sold for a DOLLAR a year after BK even when all survival hope was gone.

Mister Market knows there's perhaps a 99 percent chance of BK so that's already priced in. But wild unpredictable swings are always to be expected in the battle between longs and shorts wanting/needing to cover.

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Because the Good Life is Just a Pump or Two Away

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