Hey /biz/. I'm seriously considering dumping at lease $50,000 on a company that just filed chapter 11 bankruptcy 1 month ago. Generally speaking, companies going through chapter 11 drop like a rock, but if they come out of it with all their assets reorganized, the stock price could shoot up 3x or 4x. Not to mention, this stock was a $50 stock not even 1 year ago. SDRL is another one that I'm considering, but its a little bit trickier since they already had a PR where they said that the chances were very high for stockholders to be completely wiped out.
>>2336654
Wrong board
>>2336654
>stocks
enjoy your old man's way of making money.
>>2336802
If I can't post on this board, where should I post?
>>2336654
LOL put it all into bit bean you double nigger.
>>2336654
Oil?
Don't. OPEC and USA are still overproducing like a bitch. If OPEC pulls back, USA will pump up more.
Only Venuzeula, or the current Qatar/ME bullshit might cause supply worries.
>>2336654
Don't listen to this stupid fucking faggot.