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Microcap & Penny Stocks
Trading post-bankruptcy bounces

An SI Board Since July 2002

Posts	SubjectMarks	Bans
93	6	0

Emcee: Real Man	Type: Moderated

Introduction Compact

A stock often trades 100-300% up on short covering after the company files bankruptcy. Enron, for example, went from 0.29 all the way up to 0.80 in just 2 days. Since so many companies are filing Chapter 7 or Chapter 11, this could be a nice trading strategy - getting long for several hours or 1-2 days before the inevitable bankruptcy filing... This thread will discuss such trading opportunities.

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Reply	Message Preview	From	Recs	Posted
93	<i>The shares still trade for about 60 cents each, giving Motors Liquidati	Glenn Petersen	-	10/30/2009
92	MTLQQ crashes... paying the dues today:)	RockyBalboa	-	8/12/2009
91	The cat has a 10th life... I managed to short an amount of MTLQQ at 0.95 go figu	RockyBalboa	-	8/10/2009
90	Last post on Motors Liquidation Co (MTLQQ.PK) trading. Since the stock fell so	RockyBalboa	-	7/16/2009
89	<i> Trading in GMGMQ shares can be halted for the next 10 trading days, an	RockyBalboa	-	7/13/2009
88	I have talked to some brokers because I wanted to know whether there are inciden	RockyBalboa	-	7/12/2009
87	Thanks, I have noticed :) >> Message 25773926 Unfortunately I was slow i	RockyBalboa	-	7/11/2009
86	<b>A Stock With Bounce: Investors Stick to G.M.</b> By MICHAEL J. d	Glenn Petersen	-	7/11/2009
85	GM zombie run today.	RockyBalboa	-	7/8/2009
84	More GM: Assets that GM does not sell to the new company will become part of th	RockyBalboa	-	7/6/2009
83	BRIEF-<b>GM management comments on stock price and volume July 1 (Reuters)	RockyBalboa	-	7/1/2009
82	GM Endgame begins (in the recent weeks I have pared most positions in the churn	RockyBalboa	-	7/1/2009
81	The first delivery month plays out like this (tomorrow is delivery): GM stock d	RockyBalboa	-	6/18/2009
80	Zombie on the move... 400 baby zombies traded a low of 20c earlier in the sess	RockyBalboa	-	6/15/2009
79	Initial CDS results: They were better than my bet and some net open interest (to	RockyBalboa	-	6/12/2009
78	RH Donelley (RHDC.pk), a relatively massive issue with 10B in affected debt but	RockyBalboa	-	6/12/2009
77	Pre-CDS auction sightings: Stock dropped a little bit in Europe; yesterday peop	RockyBalboa	-	6/12/2009
76	Until policies are implemented to shore up the real economy and punish large cre	Real Man	-	6/9/2009
75	I'm not trading GM, but if I did I would go long this week. Just way too sc	Real Man	-	6/9/2009
74	You sound annoyed; what´s wrong? And well, I agree that ultimately the sto	RockyBalboa	-	6/8/2009
73	The stock is worthless, so what Chrysler is doing is irrelevant	Real Man	1	6/8/2009
72	Trying to connect some dots: as it appears, Chrysler is a lost case if the sale	RockyBalboa	-	6/8/2009
71	.	RockyBalboa	-	6/8/2009
70	hard to tell what people believe; but the CDS auction may be a turning point. GM	RockyBalboa	-	6/8/2009
69	You pay your mortgage. Rates rise. You keep paying. Rates rise some more. You ar	Real Man	-	6/8/2009

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