Bankrupt Bargains?

Physician's Money DigestOctober15 2003
Volume 10
Issue 19


It may come as a surprise to manyphysician-investors, but there's still amarket for shares in bankrupt and embattledcompanies like Enron, WorldCom,and HealthSouth. Some brave or recklessinvestors hope that these corporationswill somehow rise from the ashesof scandal to pay back those who tooka chance on them. But dealing in stockof bankrupt companies is almost alwaysa no-win game, the experts say.Even if the company emerges frombankruptcy, any stock you boughtbefore the comeback will most likely beworthless since the new company willissue new stock. : You can tell acompany in bankruptcy issued thestock you're thinking about buying ifthe stock symbol ends in "Q."

Related Videos
© 2024 MJH Life Sciences

All rights reserved.