InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,321.41
(
0.25%
)
US TECH 100
18,243.60
(
0.26%
)
Dow Jones
39,872.99
(
0.17%
)
Brent Oil
82.32
(
-0.16%
)
Bitcoin
70,268.66
(
0.20%
)
Post# of 2649
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

jtomm

Send PM Follow Ignore
Followers 22
Posts 1358
Boards Moderated 0
Alias Born 10/30/2003

jtomm

Re: ErnieBilco post# 2540

Friday, 08/11/2023 4:00:25 PM

Friday, August 11, 2023 4:00:25 PM

Post# of 2649
FWIW I've also had some decent luck with companies announcing they're coming OUT of BK. Much of the debt gets wiped away, but the first months or years can be kind of rough because the old lenders will sometime take stock (no other choice) at the bk settlement, so they're big sellers for awhile.

Do you tend to focus on the stocks that are hinting of bk or restructuring? In other words, as they're going in, rather than as they're coming out? Just curious what has worked for you.
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

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.

Sign Up