Citadel up to five centsDon Day | March 6, 2009
The Citadel stock watch continues – Friday’s close left the stock at $0.049 – less than five cents per share. You can’t buy a piece of candy for five cents anymore, but you can buy a share in one of the nation’s largest broadcasting companies.
CTDB.PK, (the company’s new ticker symbol) has a market capitalization of $13 million…
The big question: if you had $1,000 to spare, do you think buying
200 20,000 shares in Citadel would be a wise investment?
On one hand the stock could double in value to a dime and your investment would double. On the other, the company could go bankrupt and you would have nothing.