cit bankruptcy symbol
Will CIT go bankrupt or should I invest in their stock?
Should I invest in CIT?
http://moneycentral.msn.com/detail/stock_quote?symbol=CIT
They just made a successful tender offer to the bondholders to prevent going into bankruptcy. Will they go bankrupt anyway?
If not, I’m willing to buy the stock and hold it as long as possible.
Given it’s fundamentals & problems, don’t invest more than you are willing to lose.
