You might think that buying a bankrupt company isn't smart, however I bought into adelphia at .12 a share and they are now at .41 a share. They are slowly coming out of bankruptcy and when they do I forsee their stock going back up nicely. That is a fair profit. Grant it, I had to hold the stock for over a year now however it should turn out to be a good buy. Buying into a bankrupt company does depend on if they are going to actually try to turn the company around or are just sitting aside for the inevitable. The only good thing about this is that you can buy several shares of what use to be a good company fairly cheap and hope it comes out of its slump. If it doesn't you aren't out a lot of money.