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Zero Value Stocks

by admin on March 20, 2009

There are some stocks that just can’t be worth $1 (or some number around this). These stocks either goes to zero or it goes well above zero. I’m going to use Citigroup as my case-in-point and then extend the argument to Bank of America. Citigroup’s stock reached a low of $1.02. Now, at the current [...]

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Many people believe we should let the markets go its course and get rid of the American Automakers. They state that the automakers produce inefficient cars, have bad management, and have made the wrong decisions. As a result, they should be wiped out. I believe that there is a consensus on the fact that these [...]

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