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Old 04-22-2008, 12:22 PM
  #10  
RamenNoodles
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Joined APC: Feb 2007
Position: Delta Gear Slinger
Posts: 415
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Originally Posted by CaribPilot View Post
Is this even possible?? It can only be a few months before a total corporate collapse. What are the stats on comparable sized companies trading for less than a dollar?
Most of the legacy carriers were trading in the $0.20 range during bankruptcy. United specifically comes to mind for that price range. I believe they even sank as low as 12 cents at one point.
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