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Posted On: 10/19/2018 8:27:56 PM
Post# of 72440
Someone shared an example of a company’s stock bounced from 3 cents (near bankruptcy) to $34. There goes the basher’s claim of no stock has ever recovered from as low as 12 cents.
Quote:
The answer to your question is yes. On Sept 11, 2009, VRML had a Q on the end due to having filed for bankruptcy. It opened at .048 and the low was .03 and it closed at 1.29 for the day and went on to $34 within months.
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