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Trading bankrupt companies

Discussion in 'Trading Strategies/Systems' started by over9k, Jun 24, 2020.

  1. over9k

    over9k

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    The last big one was hertz, wirecard looks like it'll be the next one/might be worth a swing at, anyone had any success?

    I'm tempted to throw some small amounts around just as a bit of fun more than anything.
     
    qldfrog likes this.
  2. qldfrog

    qldfrog

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    While I believe most will be reborn, in most cases, existing shareholders get zip.
    Better play lotto or roulette at the casino for fun
    You would get free orange juice
     
  3. Chronos-Plutus

    Chronos-Plutus

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    Wirecard has shaken the Fintech industry to the core; the revelations are epic. A fair bit of information here: "German payments processor has battled allegations of fraud, forgery and opaque business links" (https://www.ft.com/wirecard)
     
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