Seeking Alpha

Michael Delaney » Comments » ARO

  • Cramer's Lightning Round-Youth Apparel Stock Are Worn Out (5/5/09) [View article]
    ifuwish2,

    Unless they go bankrupt. They can go into Chapter 11, come out the other side with a new symbol (CITI?). The banks will still be there and will be open for business, but your shares of C will still be worth zero. Ask former holders of UAL. United Airlines is still flying and making money but shares of UAL are worth nothing. It is unfair to call people who think Citigroup may declare bankruptcy stupid and small brained. It's a reasonable possibility.
    May 06 10:21 am |Rating: 0 -1 |Link to Comment
More on ARO by Michael Delaney
Comments by Ticker
AAPL, ABB, ABK, ABT, ACAS, AEG, AFL, AIG, AIPC, AMD, AMGN, AMX, AMZN, AOC, AOMFF.PK, APEI, APOL, ARO, ATVI, AUTH, AUY, AVAV, AZO, BA, BAC, BAX, BBT, BBY, BCRX, BCSI, BDX, BEAV, BGC, BIIB, BK, BMO, BMY, BNI, BP, BRCM, BRK.A, BRK.B, BRL, BSX, BTU, BWLD, C, CAG, CBEY, CBI,
Michael Delaney's
Comments Stats
62 comments
Rating: 16 (34 - 18 )