Posts Tagged ‘Bankruptcy’

cit stock July 16, 2009 No Comments

Another stock, cit, hasĀ a bleak outlook today. Beware of the bankruptcy bound stocks. It seems to be the fear of most investors the last few weeks. Today, cit, a financial bank hoding company, has had their shares halted today. Yep, just like GMGMQ. The fear is that they will be heading to bankruptcy incase there [...]

General Motors GMGMQ Trading Halted July 13, 2009 No Comments

The trading of shares from the company formerly known as General Motors, Motor Liquidators, has been officially halted by FINRA, the industry’s self regulatory body. The trading was halted due to unstable trading and short selling that continued to take place, even though the company was just coming out of bankruptcy. The price of the [...]