SpaceGhost Posted January 29, 2008 Report Share Posted January 29, 2008 I looked it up on my iPhone, just now, and it only came up with qbrwf.pk which is down 18.5% today at .29. Quote Link to comment Share on other sites More sharing options...
MrMeanGreen Posted January 29, 2008 Author Report Share Posted January 29, 2008 While they're reorganizing, the stocks have been fluctuating. They're gonna start climbing now and again, I cant wait until they're at $58 again Quote Link to comment Share on other sites More sharing options...
SpaceGhost Posted January 29, 2008 Report Share Posted January 29, 2008 is that the right symbol? qbrwf.pk if it is, no dout it would be awesome to ride a stock from .30 to $58! The question is when to get out. Quote Link to comment Share on other sites More sharing options...
T Rex Posted January 29, 2008 Report Share Posted January 29, 2008 ya what stock is this? I wanna know. Quote Link to comment Share on other sites More sharing options...
MrMeanGreen Posted January 29, 2008 Author Report Share Posted January 29, 2008 That's the correct symbol. Quebecor World, Inc. is the company. Quote Link to comment Share on other sites More sharing options...
Patrick Posted January 29, 2008 Report Share Posted January 29, 2008 I'll probably be picking some up in the next few days. I've been looking to buy stock for about 6-7 years now (didn't want Kroger stock)...how do I get started? I want to keep this cheap (besides cost of stock). Quote Link to comment Share on other sites More sharing options...
Mallard Posted January 29, 2008 Report Share Posted January 29, 2008 Honestly, I wouldn't buy it. The reorganization process can take a very long time, and in the end they could just dissolve the stock and start a new IPO. That's why it's so risky to buy a company in Chapter 11. Look at Delphi. Look at Ford. There are so many undervalued stocks out there right now that you should/could be putting your money into. Quote Link to comment Share on other sites More sharing options...
MrMeanGreen Posted January 30, 2008 Author Report Share Posted January 30, 2008 Honestly, I wouldn't buy it. The reorganization process can take a very long time, and in the end they could just dissolve the stock and start a new IPO. That's why it's so risky to buy a company in Chapter 11. Look at Delphi. Look at Ford. There are so many undervalued stocks out there right now that you should/could be putting your money into. It's $100 and I know the company and industry. I put my money into it because I feel it'll be worth it, it may just take awhile. Quote Link to comment Share on other sites More sharing options...
Patrick Posted January 30, 2008 Report Share Posted January 30, 2008 I'm thinking of it because hell, it's a cheap stock and I'm looking to get into it. Not putting much down, just a few dollars. I probably will end up investing in other companies as well. Quote Link to comment Share on other sites More sharing options...
SpaceGhost Posted January 30, 2008 Report Share Posted January 30, 2008 It's $100 and I know the company and industry. I put my money into it because I feel it'll be worth it, it may just take awhile. I can think of a lot of worse things to invest $100 in, can you legally call it risk with only $100? Best case 6k, worst -100 dollars. Quote Link to comment Share on other sites More sharing options...
Tractor Posted January 30, 2008 Report Share Posted January 30, 2008 I looked at the info on scottrade. It looks like a company in failure. Of course if you happen to know that someone is buying it or possibly buying it you could be ahead of the game. Its a very cheap stock and playing "darts" with $100 isn't a bad idea if you can afford it. As an FYI Budweiser is down below $50 per share again. Lots of people expect it to soar past $60 per share and stay there for awhile once its bought by some other company in the next couple months. I picked up a couple hundred shares. At a loss at the moment, but good ole BUD don't fail to often. I'll probably sell in a few months or if I feel like it maybe I'll just take some quick gains and get back in on more bad market news:-) Evan Quote Link to comment Share on other sites More sharing options...
MrMeanGreen Posted January 30, 2008 Author Report Share Posted January 30, 2008 I know things, that company is not in faliure I didn't buy their stock for my health... Quote Link to comment Share on other sites More sharing options...
Rustlestiltskin Posted January 30, 2008 Report Share Posted January 30, 2008 I know things, that company is not in faliure I didn't buy their stock for my health... then why dont you invest more?? Quote Link to comment Share on other sites More sharing options...
Supplicium Posted January 30, 2008 Report Share Posted January 30, 2008 I have quite a bit in BUD aswell. They seem to be the strongest stock I have ATM through this down time. HET (Harrahs) just went private on Monday so I got 90$ per share which is OK I hoped for a much higher premium but oh well. I just reinvested that money I got into HBAN (Huntington) I have a feeling someone is going to buy them up and take it private within a year or 2. Quote Link to comment Share on other sites More sharing options...
Doug1647545489 Posted January 30, 2008 Report Share Posted January 30, 2008 Stocks that trade on the pink sheets are very risky. There isn't much regulation on the pink sheet exchange and companies don't have to file with the SEC or report their earnings. Huge risks... but also huge reward potential. Quote Link to comment Share on other sites More sharing options...
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