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fastlizzy

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fastlizzy

Re: Maningreen0 post# 13205

Wednesday, 12/14/2011 4:19:27 PM

Wednesday, December 14, 2011 4:19:27 PM

Post# of 13422
No, chances are AMR will be worthless.....

They always pop from around .20 after filing for bankruptcy, but after that they just churn.

When you play bankrupt stocks, wait till it goes down 85-90%. Short covering will take it back up within a week or two. After that, stay away. They usually pop huge right before the shares are cancelled too, but that's very dangerous.

I stopped out of PEIX at 1.20, but watching it.

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