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TenKay

07/21/23 6:18 PM

#1801 RE: KeepItRealistic #1800

Sure…that is all BK stocks are good for…a trade.

It’s all about timing.

But if anyone is holding because they believe there will be some payoff coming out of bankruptcy? …well…they will be disappointed.
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trader59

07/21/23 9:37 PM

#1802 RE: KeepItRealistic #1800

You left out a step: “Sing in a chorus about how great the company is (ignoring the fact it went bankrupt with $2B in debt) and how it’s going to be different than all the other companies that went bankrupt and cancelled their stock, hoping some naïve newbies will believe you and buy the stock.”