graveyardbased
Graveyard-based is a term used to describe a type of investment strategy that involves buying shares of companies that are in financial distress or have been delisted from stock exchanges. These companies are often referred to as "graveyard stocks" because they are typically on the verge of bankruptcy or have already failed. The strategy is based on the premise that the market undervalues these companies, and their shares can be purchased at a significant discount to their true value. Investors who adopt this strategy aim to profit from the eventual liquidation of the company's assets or from a potential turnaround in the company's fortunes. However, this strategy carries significant risks, including the possibility of never seeing a return on investment. It is important for investors to conduct thorough research and consider their risk tolerance before engaging in graveyard-based investing.