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Re: rspect post# 7602

Tuesday, 09/20/2016 7:46:17 PM

Tuesday, September 20, 2016 7:46:17 PM

Post# of 8527
AROPQ will be cancelled no matter what. The Q stock always gets cancelled in all bankruptcy stocks. That is a known well fact. Whether the stock emerges from bankruptcy or not, whether the company remains private or not, whether the stock maintains value or not, the Q stock will always become cancelled. If the company decides not to go private and issue new stock that new stock will end in a V. In this case it will either be AROPV or AROV if Aeropostale's new owners (The Mall Group) chooses not to go private.
If they go private and the court decides your shares are worthless, you have until and sometiems a little after the judge says they are cancelled to cash in and get what little you can for them off the market. If the judge sets a value, you can cash in on the market or wait and get that price.
If they don't go private, they (The Mall Group) can decide how your old shares of AROPQ can be diluted into AROPV or AROV stock with court approval of course. Sometimes stockholders get the right to vote. In this particuliar case whether you realize it or not, we all have voted against them cancelling. Will it matter, depends on the judge and the law. But I've just described to you what I mean by old and new stock. Hold, Buy, or Sell at your own risk:

Here is a good example...

https://www.sec.gov/investor/alerts/bankruptcygmalert.htm

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