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.
I own stocks that the company went bankkrupt and I was not able to sell them since nobody was buying them. Currently its still listed in my portfolio as a loss and stock value at 0.001. Is it possible to deduct the capital loss on my tax return..? How can I deduct the loss since it wasnt sold?
What caused that major dip?
Is it now a time to buy BP stocks?
It’s down to 31 today. What’s your prediction on how low it’ll go and when to buy?
I know it’ll be risky, but as long as they don’t go bankrupt I figure it’ll be a winner in the long haul.
And please don’t speculate if it will, that wasn’t the question.
I think Wal-mart will make a killing and soak up tons of stocks, making the Walton’s the richest people in the world…
Every lending company that doesn’t get a government bail out because they don’t have the right friends are going down.
What do you think?
In the past several weeks my stocks have all done very well. Now do do you think everything is going to crash if chrysler begins bankruptcy and liquidation next week. The stocks are not in automakers but will this have a bad effect on all stocks?
If GM go bankrupt what will happen to my stocks and my money that I invested in them?
If my stocks are worth nothing and another company buys GM, will my stock go up?
Say an ETF has 20 stocks in its portfolio, what happens to the value of ETF when one of the stocks/companies go bankrupt? If that bankrupted company was 20% of the whole ETF, does it mean the ETF will lose 20% of its value? Thanks a lot
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.