Pink-Sheet Trading Fuels Rally in Massachusetts-Based Polaroid’s Stock
This isn’t a dead cat bounce. This is a dead cat with wings and a rocket engine.
Shares in Polaroid have staged a remarkable rally, surging 170 percent in the past 2 1/2 weeks. Since Sept. 3, they’re up about 700 percent.
Even so, after the run-up, the shares are worth a mere 13.5 cents apiece. And soon they may be officially worthless.
These shares have nothing to do with the profitable, privately held company that was created by the sale of Polaroid’s assets by a US Bankruptcy Court in June 2002. They represent an interest in…
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Pink-Sheet Trading Fuels Rally in Massachusetts-Based Polaroid's Stock
This isn't a dead cat bounce. This is a dead cat with wings and a rocket engine. Shares in Polaroid have staged a remarkable rally, surging 170 percent in the past 2 1/2 weeks. Since Sept. 3, they're up about 700 percent. Even so, after the run-up, the shares are worth a
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