Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
As part of our ShareProphets Christmas offering, the plan is to serve up a Christmas day special – Twelve turkeys; a dozen stocks to go to zero in 2025. Some will be shortable, some not but those are there to further illustrate a point of interest about spotting companies that are in a terminal condition for whatever reason. Ultimately all companies that go bust, be they frauds or just bad companies, do so for the same reason: they run out of other people’s cash. It is how they get into that pickle and why that interests me.
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