03-26-2022, 04:22 PM
How to estimate when a company will go bankrupt?
<!-- SC_OFF --><div class="md"><p>There's this stock RespireRX that's literally going for about a penny. But, they have some high value medications in development. The one that makes the company recover should be out in 2 to 3 years. But, they might go bankrupt prior. Currently, they're going through restructuring and seeking to raise additional capital to stay in business. </p> <p>How can I estimate when they'll go under? At one point this was a $1k stock, and if they recover it's going from a penny to $1k a share in ten years. Would turn $1k into $100 million.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Zara629"> /u/Zara629 </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/toiss9/how_to_estimate_when_a_company_will_go_bankrupt/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/toiss9/how_to_estimate_when_a_company_will_go_bankrupt/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>There's this stock RespireRX that's literally going for about a penny. But, they have some high value medications in development. The one that makes the company recover should be out in 2 to 3 years. But, they might go bankrupt prior. Currently, they're going through restructuring and seeking to raise additional capital to stay in business. </p> <p>How can I estimate when they'll go under? At one point this was a $1k stock, and if they recover it's going from a penny to $1k a share in ten years. Would turn $1k into $100 million.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Zara629"> /u/Zara629 </a> <br/> <span><a href="https://www.reddit.com/r/investing/comments/toiss9/how_to_estimate_when_a_company_will_go_bankrupt/">[link]</a></span> <span><a href="https://www.reddit.com/r/investing/comments/toiss9/how_to_estimate_when_a_company_will_go_bankrupt/">[comments]</a></span>Kind Regards R