Vantage Energy Services Inc fka VTG

[nordicroots]

Good summary. What can also occur in this process is that the share price can sink so low that the shareholder is trapped and cannot get out. By this I mean to suggest that when small fry shareholders sit on their shares hoping it recovers someday, they may find that the price drops so substantially that they cannot recoup enough of their capital to warrant even paying their brokerage firm's commissions to sell the shares, so unless they want to throw more good money after bad to jettison the investment that proves to be a dud, then they are stuck with the shares in their account forever. At some point it may go 'no bid' and no longer maintains any sort of listing on any of the exchanges. I've been stung by a few over the years and at that point they don't even have a symbol associated with the stock - they simply get listed in the account by a number and a "0" value. At some point the typical investor will want to recognize the loss in some way - most often it becomes a loss used against a capital gain to reduce taxes owed.