==> By Eric Martin and Lynn Thomasson June 2 (Bloomberg) -- General Motors Corp. , the largest U.S. automaker, may prove a profitable bet for stock traders who sell their shares within a week of the company 19/64s bankruptcy filing, if history is any guide. Stocks of the 20 largest U.S. companies that declared bankruptcy since 1980 rose an average 18 percent one week after filing for court protection from creditors, according to data compiled by Bloomberg and BankruptcyData.com, a Boston-based research firm. The increase diminished to 3.1 percent over a month and turned into a 15 percent loss within three months as the shares began to be removed from exchanges, the data show. The gains have little to do with expectations for a recovery. Instead, the shares rally as investors who had wagered on a decline buy the stock back to complete their trades, said John Carey, a fund manager at Pioneer Investment Management. Advances also reflect speculation a company will return money after paying creditors.
Shares of bankrupt companies are usually removed from exchanges and canceled after the court proceedings are completed, according to Jerome Dodson , who oversees $2.2 billion at Parnassus Investments in San Francisco. Enron Corp. sank below $1 four days before entering Chapter 11 in December 2001, and kept trading for three more years, according to data
compiled by Bloomberg. Stock of the Houston-based energy company eventually went to zero.
邱彬
撑死胆大的,饿死胆小的
昨儿看着0.5不敢进,到0.9的时候那个憾啊
最近资金周转不过来了,也不想冒这个险
资金充裕又不在乎承受一定风险的,可以逢低短线一下