ITT Educational Services, Inc. (ESINQ)

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Some Chapter 7 Info
Until a company has been officially liquidated in a chapter 7 bankruptcy proceeding, its stock generally retains some value.
The IRS will refuse to accept them as a loss as long as they remain part of your portfolio.
You have 2 options.
First option. SELL the stock.
Second option. Wait for stock to become officially worthless and cease trading in all forms. This typically happens after chapter 7 bankruptcy obliterates all traces of defunct company and stock itself has no further reason to exist. Once your stock officially has no value. Then you can write it off as a worthless transaction.

SO MAYBE IT CAN AND WILL TRADE BEFORE CHAPTER 7 BANKRUPTCY IS COMPLETED!