-
"Zombie stocks, as they are called, such as Washington Mutual and Lehman Bros. may have vanished from the corporate landscape, but they are living, breathing and trading on financial markets.
"Described by Investopedia as shares associated with companies that continue to operate even though they are insolvent or near bankruptcy, zombie stocks have surfaced anew, and the 50 percent recovery in the Dow continues to pump these equities with false hope.
If you liked my post, feel free to subscribe to my rss feeds
BlogoSquare