Would but circuit city shares today they are trading at 40 cents

would l buy them.no bad company overall & probably deserving of that $0.40 price. & l would warn against buying any established company that is trading that low because there is probably a good reason for it & they r probably unlikely to survive that reason. However if u r willing to take a huge risk on circuit city there r reasons u might be willing to buy at this level. 1) u think they r likely to be bought by another company 2) u feel that they will improve earnings above estimates in the near future. 3) u feel that some other good news will come out about this company that will cause the price to move upwards.

I'd like to restate that l personally would not buy shares of circuit city. And l like to say that my advice is worth the price u paid for it :) so do not be mad at me if l turn out to be wrong.