Things are not going to good for WCOME...

Quote:
WORLDCOM INC (WCOME) Avoiding a bankruptcy filing has become increasingly difficult, Chief Executive John Sidgmore told The Wall Street Journal Thursday, the same day WorldCom canceled plans to pay a final dividend of 60 cents per share on its MCI Group tracking stock. Price: $0.11 Net Change: -$0.05 % Change: 31.25% Loss Volume: 108.3M Shares WORLDCOM MCI GROUP (MCITE) Price: $0.16 Net Change: -$0.06 % Change: 27.27% Loss Volume: 2.5M Shares - - Below are previously published hot stocks with updated price and volume data - -
One thing though it is puzzling me.... They've had few days already on the bottom... so how come there is still some much volume going on ?? And surpisingly... there has been some positive buyings lately... Today's lowest was about $0.10 and right now it is trading at $0.14 ...

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