![amsn stock amsn stock](https://investorplace.com/wp-content/uploads/2019/01/amznweekly.png)
But right now, this is a DEAD stock.ĮXAMPLE 3: I cannot remember the ticker and will dig it up, but I saw a company that had a low float and a low share price. But it's good to have a couple shares ($10-20 worth) in the account so you can see the progress of the stock as it goes to a CUSIP number to a new symbol after bankruptcy if it emerges. Most likely, current shareholders will lose most of their shares on reorganization. The case is being held up by an adversary proceeding.
![amsn stock amsn stock](https://www.profitconfidential.com/wp-content/uploads/2017/01/AMZN-stock-chart.png)
Before I went higher, I did a court search and learned that the company is in Chapter 11. But when I put my order in, the market makers immediately raised up the price.
![amsn stock amsn stock](https://www.wallstreetphysician.com/wp-content/uploads/2017/09/AMZN-stock.png)
I couldn't find any information about this stock, so I picked up some shares. This was once a DEAD stock and if we knew we could have capitalized.ĮXAMPLE 2: ENET Equalnet Communication. 035 (still making a profit) when I read that one of the deals fell through. Thereafter, the company announced that it was getting into oil. I started buying just for fun at an average entry of. Three years later, I see my statement and it became AOGS, yet there was no news. It is important to know because some of these companies have the potential to explode into something.ĮXAMPLE 1: I held X-Dogs stock, it filed bankruptcy, after liquidation, it emerged a clean shell. Usually, the companies have: (1) Went into remission hoping someone will come buy their shell (2) Filed bankruptcy and never told us or we forgot or (3) Dissolved or otherwise abandoned the company. What I will do is help out with a little due diligence do some background checks and try to contact the officers to see what's going on. This board is to discuss companies whose shares are still trading on the pink sheets or other stock boards but no-one knows what's going on with the company.