yeah the other site is not nearly as easy to use and as appealing to the eyes.
yeah the other site is not nearly as easy to use and as appealing to the eyes.
Bill, don't remind me. Im still sore after that one...
So I've been watching GGP make its slow comeback for the past month. Last night in AH trading I finally bought into it at 1.02 x 1500 shares.
Wouldnt you know it goes Fing bankrupt this morning.
Trading on it is halted.
I was hoping for some advise on what to do when trading resumes.
Any advise is greatly appreciated.
Sorry to hear about that I would start looking at charts of companys that have BK'd. Circiut City did last nov and it had a nice bounce after the intial fall, also NOBL filed last night after the bell and some people got out today with out too much of a loss but it closed down 44% today
Sorry to hear that Shotsll,
I remember a few months ago an analyst came out and warned about commercial real estate collapsing in March. Looks like it came a month to late. I know I posted it up here a while back so people who missed it would be warned.
Maybe you can get out if it goes to the OTC?
http://www.financialsense.com/editor...2008/1124.html
Last edited by dread; 04-16-2009 at 10:15 PM.
Love the picture Newman!!! LOL!!!
Well Shots, there might be a bright side to it...I am just starting to understand the philosophy of traders that buy BK company stocks. Stang and I know some that have gotten utterly rich from just playing these types of stocks.
After BK, the stocks usually bump up for at least a good run. Keep your eyes open for that. I am assuming this is BK with re-structuring involved.
So all may not be lost, depending upon how high your share cost was.
I know this is not a whole shitload of information, but the best I can contribute.
Newman probably knows more about this than I do, seeing how he knows all of the financial criteria of everything.
So let's have hope!
Bill