Comments on: Nortel Networks Filed for Bankruptcy Protection

By: Citigroup Reverse Stock Split: Is It Good for the Stock?

Citigroup Reverse Stock Split: Is It Good for the Stock? — Thu, 26 Mar 2009 21:01:28 +0000

[...] Before talking about what a reverse stock split is, here’s a story of one stock I used to own which did a reverse stock split in the past. The stock is Nortel Network (NT). After falling into the same category (price wise) where Citi stocks belong in today, NT did a 10:1 reverse stock split in December 2006, boosting the share price to some $20 a piece. On surface, $20 a share looks much better than $2/share, but that’s the only thing the reverse split did for the stock. Two years later, NT filed for bankruptcy protection. [...]

By: Book I Read: Come Into My Trading Room by Alexander Elder

Book I Read: Come Into My Trading Room by Alexander Elder — Thu, 26 Feb 2009 20:47:48 +0000

[...] what I am doing on Twitter Thanks for stopping by!I bought my first stock, Nortel (NT) which filed for bankruptcy protection recently, more than six years ago, I didn’t know much about investing or trading stocks. [...]

By: Sun

Sun — Thu, 15 Jan 2009 02:39:36 +0000

The jump in share price was because of a 10:1 reverse split. Not really the stock has gained that much

By: SunFinancial (SunFinancial)

SunFinancial (SunFinancial) — Thu, 15 Jan 2009 01:25:59 +0000

Nortel Networks Filed for Bankruptcy Protection: Original Post on The Sun’s Financial Diary Nortel Networks File.. http://tinyurl.com/8rtaka

By: Small Business Startup Funding In Silicon Valley Dries Up

Small Business Startup Funding In Silicon Valley Dries Up — Wed, 14 Jan 2009 23:35:56 +0000

[...] The Sun’s Financial Diary: Nortel Networks Filed for Bankruptcy Protection [...]

By: Manshu

Manshu — Wed, 14 Jan 2009 23:25:24 +0000

Looks like it was very profitable for you.