Aeropostale?

Discussion in 'Penny Stocks' started by atlasmike, May 5, 2016.

  1. atlasmike

    atlasmike New Member

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    I was wondering what you guys here in the penny stock forum thought of Aeroposale. I know they just announced that they are filing for bankruptcy. Is the time to buy something like this so cheap? I mean I can buy a thousand shares for nothing and every one cent move up is a $10 gain. These are the opportunities I look for. Not having to invest too much to make a bit of coin. I know I am new here, and I don't want to look stupid. But this is the first penny stock I thought to buy. From reading what I have read in the news, it doesn't seem as if they are going to go out of business, just reorganize. The stock is at $0.04 right now. I am sure you guys can do the math If I buy a thousand shares and how much I make. Now I don't spend money on stocks like this that I am not willing to loose.
     
  2. StockJock-e

    StockJock-e Brew Master
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    There may be fluctuations up and down, but the company could restructure and the shares will be worth zero.

    The final price for this stock will be $0.00, if you are ok with taking that risk, then at least you know where the bottom is!
     

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