Aktiesnakken — December 2011
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Hi okay so I'm new to stocks and recently became interested as an 18 yr old but my friend bought stock of American airlines when it was around 30 cents a share it's now at 1.15 could he cash out now? Should he? Because as I said I don't know much but I have read people who say that amr stock is worthless
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Hi colin, well you know what Buffets says about airlines. Everytime he gets the urge, he has 1-800 number to call, where they pick up the phone and say dont do it
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Is the company in default?
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Chapter 11?
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Vouskootia: Kurs lav fordi man ikke betaler +300% i præmie for en overtagelse.
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If the company is bankrupt the stockprize is zero
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It might be the last price registered before it went into bankruptcy
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it's probably in chapter 11 but still trading....
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take the money and run
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Yes if he has 400% profit on achapter 11 company, he should cash in.
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The risk is simply much too big
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"The stock will trade while a company reorganizes in bankruptcy court, but the shares are likely to move toward zero. So trading in bankruptcy court becomes the province of risk-taking arbitrageurs, not everyday investors."
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