InvestorsHub Logo
icon url

Value_Investor

04/24/20 7:48 PM

#2942 RE: OmegaMoney29 #2912

Can anyone explain why a already-bankrupt CH11-"Q" stock (FTR) could surge over 400% or more than 5-Bagger to nearly $1.00 from its previous Bottom $0.18? Who bought those Millions of shares above its first Bottom $0.4101?

Will FTRCQ replicate its CH7-"Q" peer SHLDQ's post-bankruptcy performance --- it soared from $0.121 to $2.77 which is 22.893-Bagger Huge Quick rally without any positive news at all? If the answer is "yes" then FTRCQ will soar back to $2.63 from $0.115!

Note, SHLDQ has -$48.62 per share Book Value and +$4.81 per share Cash Value v.s. FTRCQ has -$41.79 per share BV and +$7.24 per share CV.

https://www.stockcharts.com/c-sc/sc?s=ftrcq&p=D&yr=0&mn=2&dy=0&i=p33600450372&r=1359822341602