Frontier Airlines is currently going through chapter 11. When will I know to buy stock, so I won’t be throwing my money away through their chapter 11 proceedings ? I want to get in on the ground floor when the stock is cheap.
I can always tell a novice investor. They’re looking for a bargain.
When a company goes through bankruptcy, it’s “broken”. It may, or may NOT recover. The stock price may go up slowly (years) if at all.
You’re much better off buying quality (KFT, JNJ, GE, MO).
