Any investors out there...

[sandiegomike]

I will have to agree with the already posted buyout theory. Worst come to worst, someone will take them over and probably make you some $$$. Besides, buy 1,000 shares for $800, lose it all, who cares? Make $9200 if it goes back to $10 per share, Rock On!

 

[Badkins21]

ttlpkg: I agree, and that's why we need to keep the GOP, although they're not even conservative enough for me anymore, in office for as long as possible!!

 

[BuggyWhips]

If the stock drops below $1.00 for 30 days they are delisting it. If it goes bankrupt and the stocks not being traded and it takes 3 years for it to come up thats 3 years for your money to be sitting there making no interest while the same time inflation is increasing our cost of living. So even in 3 or 4 years you make back your original investment, its a loss because of spent transaction costs and inflation lowers its actual buying power..
Kev

 

[OMEGA]

secret stock tip.

by lots of


"woolworth" stock yea thats the ticket.

actually it's too late really.


we all should have bought Target and Wal Mart as soon as Bankruptcy was filed by K Mart.

And promtley sold the stocks when they hit their cieling.

although I think Taget will dominate in a couple of years

 

[Longhorn85]

If the stock drops below $1.00 for 30 days they are delisting it. If it goes bankrupt and the stocks not being traded and it takes 3 years for it to come up thats 3 years for your money to be sitting there making no interest while the same time inflation is increasing our cost of living. So even in 3 or 4 years you make back your original investment, its a loss because of spent transaction costs and inflation lowers its actual buying power..
Kev

Inflation is virtually non-existent in our economy. I am paying less for a gallon of gas now than I did when I was in college twenty years ago. That may change someday, but not in the next couple of years.

For my money, it is always a risk to buy stocks, and I think KM is worth risking a few hundred right now. I will reassess, but I plan to spend my monthly investment on KM come Feb 1st. By then we will know a little more.

I did the same thing with Enron, bought a few hundred at .70 or so. I may lose that few hundred forever, or I will gain big if it survives and climbs back over a few bucks.

 

[RyanH]

If the Democrats get re-elected they might try to break Walmart up a-la Microsoft.

that's exactly right......it's time the anti-trust laws are upheld.

As for K-Mart, they've filed chpt 11 bankruptcy....business reorganization which is still very often a long shot toward recovery....I wouldn't touch k-mart with my investment dollars, unless you want to get a zero return.

 

[buddy28]

I think KM would be a good buy, I just checked and it's at 1.68. If that company gets into much more trouble it will surely be bought out, I don't see it falling off of the NYSE.

I bought up some Enron cheap a couple of months ago at .75, but now it is off the NYSE. I think even it will come back to a few dollars eventually.

I like airlines right now too, they are very low, and surely will be back some day. I have AWA and UAL in my portfolio.

This is a good investment policy. Youd really have to investigate KMarts competitive advantage, Federal ties, and projected cash flow. No doubt US retailing mega stores are being hit hard by increased domestic competition and the US recession. But the question is, does KMart have a strategic advantage in the US retailing market to warrent cash flow bail outs by banking institutions? If they do, theyll get their money, the recession will be over within a year, and if K-Mart can survive that long, the stock will go up.

My dad taught me some very important lessons about the stock market. One, is that the majority of investors are just looking to get rich, know little about business, macroeconomic policy, or firm competitive advantage. Many investors buy stock based on financial ratios, particularly the P/E ratio, which is calculated by
P/E = market price per share/ Earning per share

The higher the PE, the more attractive the stock. But since the numerator used in the calculation of PE is the perceived market value of the stock, its value can be artificially inflated.. the higher the PE, the more people buy, which increases the market value of the stock, which increases the PE ect ect....... The real question is: *who* does the majority of buying of publically traded stocks? Financial investment firms that independantly analyze sound financial and market information, make the buy, then sell portfolios to independant investors? Or traders acting on behalf of independant investors that buy and sell whatever stock their client orders be bought or sold?

If the majority of buying is done by independantly hired traders, not financial investment firms with exsisting portfolios , then some stock ratios are based on the whim of the market, or the whim of the untrained public.

If I had money, Id buy some Kmart stock. Id do some research on Kmart first. find out why they were having cash flow problems, revenue problems, ect.....

 

[huntmaster]

When I buy---I look for a low PE. This insures more room for growth. Many times, a stock with a very high PE is an inflated stock. This has been the argument against Krispy Kreem (PE=86)for the last year.---but it still maintains stability and inclines.

 

[Longhorn85]

KM closed at .93 today. Can it break the 1 dollar barrier tommorow to ensure it survives on the NYSE?

 

[kunta]

KM and ENRNQ make cheap wallpaper