Should I invest in DPHIQ.PK
When do you think they will emerge out of bankruptcy court? Should a buy 10,000 shares
Answers
989 points
rvilmur answered 5 months ago …
DHPIQ.PK last traded on June 1 at a price of 0.001. That should tell you that this is a hopeless stock that you should not even try to buy. If this company ever comes out of bankruptcy, expect the old stock to be worthless. Why gamble on a junk stock?
If you want to speculate on a low priced stock look at RPTN Raptor Networks Technology Inc. They now have 3 patents that can tie up the future of networks as this technology has great invulnerability advantages and lower cost than other network technology. Why is this stock only at 0.22 last trade. They currently have minimal sales and no licenses taken. If this changes and it should, the stock will pop up.
2082 points
alanj answered 5 months ago …
Before purchasing stocks of bankrupt companies I would read this report at the following link. At least the first 2 sections and table 3. Out of 154 firms used in their research 93 where totally wiped out. 14 had positive return. And the average of the remaining 44 firms lost about 70% for the stock holders. http://www.westga.edu/~bquest/2001/penny.htm
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