Why do people buy into bankrupt stocks like Blockbuster (BLOAQ.PK)? A wager that there will be...

|About: Blockbuster Inc. (BLOAQ)|By:, SA News Editor

Why do people buy into bankrupt stocks like Blockbuster (BLOAQ.PK)? A wager that there will be something left for equity holders after debt repayment, but it's an increasingly risky one. Of 41 reorganizing companies in 2009-2010, just four delivered anything to shareholders.