Sunedison Inc. (fka SUNEQ)

[DCALongRun]

Here is what the SEC says about Plan of reorganization.

link

We don't know until the court determines what happens with the common stock holders.

"The bankruptcy court may determine that stockholders don't get anything because the debtor is insolvent. (A debtor's solvency is determined by the difference between the value of its assets and its liabilities.) "

Better to be on the side of caution. You can make money in bear and bull markets, pigs get slaughtered. Don't be a pig because this security could become worthless.

Also keep in mind sometimes a company could shutdown if does not make it thru chapter 11.

"Chapter 11 provides a process for rehabilitating the company's faltering business. Sometimes the company successfully works out a plan to return to profitability; sometimes, in the end, it liquidates. "