Bankrupcy stocks

Discussion in 'Trading' started by lojze, Aug 14, 2002.

  1. lojze


    UAL will declare bankrupcy soon. Past two days the trend of falling was crazy. Really good and really predictable.

    But is trading such stocks really a thing to avoid the first second as bankrupcy becomes possible?

  2. well, the thing to remember is that the common stock holders get the shaft in the event of a bankruptcy.
  3. Someone PLEASE explain to me why WCOME and ENRNQ are STILL trading above 0??????? Why did WCOME go up 60% on the day of the announcement? O, the wonders of the stock mmarket...
  4. William


    Are you looking to go long or short. My broker won't let me short stock under five dollars, and I though this was a NASD rule.

    IMO, these plays are viable if you're good enough.