I wonder if I will wake up to panic. Anyways it looks like we are going back into a recession.

Fear not, the invasion of Iraq will help your economy. Just pray that it happens as soon as possible; you wouldn't want to live in such disastrous conditions, would you?

i strap bomb i come to your house.

I bought into worldcom last week when it was at a little above a quarter a share. It has already risen to about 4.52 at the close of monday.

If you're a short seller or day trader then this stock is not for you. However if you are looking for something that you will hold onto for another three years then this is worth your wild.

I mean, $100.00 at 0.25 a share gets you 400 shares.

And lets say the company recovers and in 48-72 months is back up trading it $30.00 per share. Well you now have $12,000.00 in stock from a inital investment of $100.00 that's better than any CD, money market, bond, tbill, or other intrest bearing account.

It's a acceptable risk of $100.00.

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Anyways it looks like we are going back into a recession.

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Actually we've been gradually sliding downhill since the fiscal year of 1999. You'll notice that things will start to pick up on their own (most likely after the november elections) and now honestly is the time to place some big money investments in the right stocks.

[This message has been edited by I Love Poop (edited 07-23-2002).]

Dude, Worldcom just filed into chapter eleven bancropcy, you think their stock can rise 120 times within few years?

And they applied for a impressive bailout package. Think about the industry and the product worldcom has to offer, it's customers will not be effected by the recent turn of events and the company will still be able to operate.

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you think their stock can rise 120 times within few years?

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It's happened many times before within many different companies. None have gotten the media coverage that enron or worldcom has.

Question - do you think they'll recieve a bailout and recover their losses over time?

YES or NO

Yes = invest

No = your better off with blue chips and S&P's

Last trade 03:41 PM ET

Last 0.23 fyi Open 0.23
Change +0.05 Previous Close 0.18
% Change +29.22% Bid 0.23
Volume 6.118 Mil Ask 0.24
Day's High 0.30 52 Week High 16.24
Day's Low 0.18 52 Week Low 0.08
StockScouter Rating NA

When a company accepts bankruptcy, its is not unusual that the investors back out and the company has hard time in taking loans, which results in a financial stalemate.

Commun sense tells me you're just an optimistic fool. But then again, as I once said, this whole stock market bullshit is a big lottery, so there is some chance for your stocks to rise high. Perhaps in another 3-4 years, we shall see who the real fool is.

dow jumped almost 500 yesterday. HOLY SHIT