I have a put option on a homebuilder and am wondering what happens to the option’s contract if the co. declares bankruptcy and stops trading. I know that filing bankruptcy does not necessarily force the stock to stop trading but sometimes…thanks a lot!!
Im in the military, and despite everything you might of heard about having alot of $$, its not all true. Im just looking for a way to make some extra cash, it doesnt haft to be much, but more than i invest would be a great start! I recently heard a story today that before this guy left for a deployment, he invested ,000 in an unknown stock, (the person who told me didnt know where he put it in) but in 2 weeks he came out on top with ,000!!!! Now thats insane to me, if that was possible thatd be amazing but im guessing thatd be as lucky as winning the lottery right?? hah, well im looking for any tips or anything that i should watch out for or scams or anything you guys have to offer me it would help, and is it like i hear some friends say when there like "o invest in like walmart theyll never go bankrupt!" or "invest in potato chips, those are always good!" and how much money should i start to put in? just to start? or go all out like my friend and put 00 in?
What actually happens to a stock once the company has filed bankruptcy?
I see some drop from $$$ to just pennies. But given it has a value at all means someone thinks it’s worht something, right?
I mean who buys it when it goes that low and does your share ownership still exist AFTER bankruptcy?
Just like pricewatch burst many years ago. Cant someone buy a stock when it hits rock bottom and wait for it to go back up? Or does bankruptcy mean this company is done for good? Im lost because I thought that chapter 11 was just clearing out there debts. Donald Trump has done this atleast 3 times already.
Now lot of good company is going to bankrupt like Washington mutual bank already bankupted and price per stock is very low (usd0.062), at this point is there any cahnce to go up….if so by what kind of reason this kind of stock can go up again?
Should I invest in CIT?
They just made a successful tender offer to the bondholders to prevent going into bankruptcy. Will they go bankrupt anyway?
If not, I’m willing to buy the stock and hold it as long as possible.
If GM go bankrupt what will happen to my stocks and my money that I invested in them?
If my stocks are worth nothing and another company buys GM, will my stock go up?