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While I consider myself a savvy investor, I am more of an index fund kinda guy. I am not sure if a stock can hit $0 prior to bankruptcy, but I see bankruptcy & $0 per share in the future.Speaking of, I wonder what will happen to Adesa? Will Kar Global buy it back for pennies on the dollar?
While I consider myself a savvy investor, I am more of an index fund kinda guy. I am not sure if a stock can hit $0 prior to bankruptcy, but I see bankruptcy & $0 per share in the future.
Speaking of, I wonder what will happen to Adesa? Will Kar Global buy it back for pennies on the dollar?