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comment by someguyfromcanada

FYI: SunEdison was trading at $0.37 on Friday. Most bankrupt companies like SunEd, which had a positive asset/liability ratio, stop trading while in protection but when they emerge some share value is retained even though they may be forced into trading OTC.





kleinbl00  ·  2490 days ago  ·  link  ·  

So glad I offloaded mine at a lot more than that.

someguyfromcanada  ·  2490 days ago  ·  link  ·  

Sweet. I have an idiot friend that drank the Kool-aid while working a summer at Nortel and bought 100 shares at $142. As a student. He had faith so was a buy and hold guy. They were literally at $0 not soon thereafter.

user-inactivated  ·  2489 days ago  ·  link  ·  

I used to work at Nortel. I got into the stock buying program while it was all still skyrocking up up and up. The stock hit $90 and I freaked out and bailed on all Nortel Stock and pushed everything into an index fund. This decision is why I will get a retirement.