Sentences with phrase «worthless stock»
The phrase "worthless stock" refers to shares of a company that have no value or cannot be sold because the company is not successful or bankrupt. Full definition
It's funny, I've made dumb investing mistakes as well and I keep the near worthless stocks in my account as a reminder as well.
getrichslowly.org
What this means is that if you play with penny stocks you may end up with a whole lot of worthless stock that you can't get rid of.
However, there is always the risk that something will go wrong and a company will tank — leaving you holding worthless stock.
What this means is that if you play with penny stocks you may end up with a whole lot of worthless stock that you can't get rid of.
They ingest more drugs than seems humanly possible, sell worthless stocks to anyone they can get on the phone, paw at every woman that comes near with a kind of slobbering, animalistic desperation, and (spoiler alert) more or less get away with it.
Management would walk away with its $ 3 million cash windfall; shareholders would get stuck with potentially worthless stock in a merged company.
Fox Gives Show To SEC - Fined Analyst Who Was Paid To Push Now Worthless Stocks (Media -LSB-...]
SIPC does not protect individuals who are sold worthless stocks and other securities.
Fun with Dick and Jane is a loose remake of the 1977 George Segal / Jane Fonda film of the same name, revamped to incorporate a running commentary on the greed and corruption of corporate America, where CEOs leave with millions, leaving others to take the fall, while the thousands of employees are left holding worthless stocks and no promises of a job.
(Take it from me, I lived through 1999, including the worthless stock certificates and the unemployment payments that came after it).
In a pump and dump scam, the bad guys load up on a cheap and worthless stock, convince inexperienced investors to buy it at inflated prices (pump), and sell their shares off when the investors push the price up enough (dump).
Senior executives at China's Big Four state - owned banks say regulators are also exploring ways for banks to exchange bad loans for equity in certain too - big - to - fail companies — a potentially controversial step that they say could saddle banks with near - worthless stock and squeeze their liquidity.
Shortly after that, the company went under and I was left holding worthless stock.
Here is some stock market advice to make sure you never hold a worthless stock certificate.
For more information about stock sales, worthless stock, and capital losses, see chapter 4 of Pub.
If you have worthless stock that's not worth the hassle of selling through your broker, you can sell it to a friend (or cousin, aunt, or uncle) for pennies.
«I still keep the worthless stock certificate from that first investment,» Rai says, «just to remind me not to do something like that again.»
In a pump and dump scam, the bad guys load up on a cheap and worthless stock, convince inexperienced investors to buy it at inflated prices (pump), and sell their shares off when the investors push the price up enough (dump).
If / when that happens you would find yourself without a job and holding (almost) worthless stock as your savings.
No one bats 1000... Look at it this way when he becomes president your worthless stock certificate that you had the foresight to hold unto will be a value historic document.