Oh, don't make fun of Enron.  When it was on the pink sheets at 6c/share, I
bought 18,000 shares and waited a week.  I figured the office furniture was
worth more than 6c/share.  I was right!  It took a little rise but I
chickened out at 22c/share and dumped it on its way up to around 32c.  
Trading on the pink sheets of screwed companies can be lots of fun....or
really heartbreaking but I don't like to dwell on those...(c;

I've been playing that little bounce game with failed companies for 30
years.  They always crash HARD, then the daytraders just can't stand it any
more and cause the neatest little bounce for a week or two after that crash
while the lawyers are screwing around, then they finally taper off never to
be heard from again.  Great fun if you like to gamble....(c;

The more the financial propaganda channels tell everyone how awful it is,
the bigger that little bounce will be....