A.I.M. Users Bulletin Board

[lostcowboy]

Do not let her invest to much in kmart, she could learn a lesson in hard knocks. You should re-evaluate this statement (They should either pull out of bankruptcy or be bought out, either way, a .20 stock would be a winner and if they go out of business entirely, not much of a loss for quite a few shares at risk.) Lately when a company is bought up or does come out of bankruptcy, one of the conditions is that the existing shareholders get nothing. So she could be right about kmart, but still lose. I think a better idea would be to keep a watch on the stock, and if it does comes out of bankruptcy, then buy the stock. She may want to study the stock here http://moneycentral.msn.com/investor/research/profile.asp?Symbol=KMRTQ , I would pay attention to the large red numbers, in-order for kmart to come out of bankruptcy they need to become black numbers.
A interesting note, the other place I send people to has all ready dropped kmart from their list of stocks. http://www.quicken.com/investments/strategies/