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Re: Ray1957 post# 1244

Thursday, 09/13/2012 2:06:33 AM

Thursday, September 13, 2012 2:06:33 AM

Post# of 1264
Sadly, I know a lot about retail but squat about stock. Your question led me to do some research. It seems that when a company has filed Chapter 11 and is coming out of it, stock may be traded under 2 names. The old stock from before the BK gets a Q at the end as in SHRPQ. The new post BK stock has no Q. Sharper Image was acquired by ICON, a nice stock trading at over $19. The old stock, like ours is generally worthless unless all other debtors have been paid off. Should that happen our stock may have some value, not likely though. As I said I really don't know anything about stocks, I just play with sub penny's for fun. I do hope that I am totally wrong in my understanding of what I read. PLEASE, PLEASE, someone tell me I'm wrong.

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