Posts Tagged ‘stock price’

Can I short sell a stock that's going bankrupt?

I want to short sell shares of the Mega Media Group, symbol MMDAQ. The company has ceased operations and it is going to be liquidated under chapter 7. The stock price is a twentieth of a cent. I want to know how I could buy millions of MMDAQ stocks and make a certain profit when the stock price becomes 0.

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How does General Motors going bankrupt affects our economy?

Why can’t we let it go bankrupt if it’s not making money? Why would you give money to a company that can’t make money back?

Is it possible that at some point a foreign auto company could take over GM with 51% by their decreasing stock price?

Nobody really cares for American cars nowadays except those rental companies, so what’s the point of keeping it?
welll.. with GM gone, they can get jobs at Japanese auto plants based in US.. so they can expand and make even nicer cars for the consumers.. American cars suck anyway.

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Why do companies go bankrupt when their stock price drops?

If companies only make money from stocks during IPO, why do they go bankrupt when the stock price drops? I can’t make the connection.

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