% | $
Quotes you view appear here for quick access.

Netflix, Inc. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • georgherbet georgherbet Jun 27, 2003 1:56 PM Flag


    Then why is anyone buying this stock now?

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • you know the old expression about fools and their money?

      Seriously, this happens ALL the time...people just figure, oh its 4 cents, its gotta be worth something. Well, guess what? No it doesn't...I could give you a list a mile long...a TON of my portfolio is in Post-Bankruptcy most cases the old equity holders got completely wiped out...NADA...occasionally, they get a tiny, tiny % but that is very rare...Look no further than K-Mart...old stock traded until the bitter end...they got ZIP...Bondholders and creditors got stock, new stock, KMRT and thats it...

87.66+1.77(+2.06%)Jul 25 4:00 PMEDT