Not dissappear, they might sink in price (speculatory), or get delisted and go to the OTC market. But shareholders equity isn't liquidated until they hit chapter 7 (liquidation). Whether your broker will show your shares on your account or not varies. Some won't show your shares of OTC stocks.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.