Allstocks.com's Bulletin Board Post New Topic  New Poll  Post A Reply
my profile login | register | search | faq | forum home

  next oldest topic   next newest topic
» Allstocks.com's Bulletin Board » Micro Penny Stocks, Penny Stocks $0.10 & Under » BINDQ.PK Moving Up, Good Investment?

- UBBFriend: Email this page to someone!    
Author Topic: BINDQ.PK Moving Up, Good Investment?
Mainetrader
Member


Rate Member 		Icon 1 posted      Profile for Mainetrader     Send New Private Message       Edit/Delete Post   Reply With Quote 
I'm fairly new to the stock trading game, but I noticed Bush Industries (BINDQ.PK) is up 42% on only 201,000 volume. What happened to BINDQ was they failed to meet bond refinancing obligations and had to file for bankruptcy under Chapter 11. The debt has been renegotiated and basically they're going to make the bondholders stockholders. Their revenues and product lines are solid, this company will be around for awhile. Is it worth buying stock in a company like this that has filed for bankruptcy? I've heard bankruptcy companies are almost always a bad investment. But the DD and business fundamentals seem to look good on this one. Any opinions would be appreciated. Thanks.

R

IP: Logged | Report this post to a Moderator
   

Quick Reply
Message:

HTML is not enabled.
UBB Code™ is enabled.

Instant Graemlins
   


Post New Topic  New Poll  Post A Reply Close Topic   Feature Topic   Move Topic   Delete Topic next oldest topic   next newest topic
- Printer-friendly view of this topic
Hop To:


Contact Us | Allstocks.com Message Board Home

© 1997 - 2021 Allstocks.com. All rights reserved.

Powered by Infopop Corporation
UBB.classic™ 6.7.2

Share