companies' stock go to zero? Not looking to trade UAL, just looking for some answers for possible play in the future. thx
A bankrupt company's stock might recover, but everyone seems to believe that UAL will eventually be worth zero. Not an investment... up to you whether it's a day trade opportunity.
there is a high possibility that State Street will be allowed to dump UAL shares on behalf of their ESOP this Wed. Do NOT be long then as the risks are too high.