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Re: tango2u2 post# 29318

Friday, 10/21/2016 6:47:12 PM

Friday, October 21, 2016 6:47:12 PM

Post# of 36208
Hey tango...just because a stock is classified in bk...and a q gets added to its ticker symbol ..it doesn't mean all is lost...their are many chapters of bk...chapt 7..chapt 11..chapt 13..etc....we are in chapter 11..it allows the company to restructure its debt...it doesn't mean common shareholders get wiped out..in other chapters of bk..depending on the severity of debt....all current shares are wiped after the preferred or creditors are paid off...ive been involved in many a BK stock over the yrs and have done well...my most memorable was the former WAMU....they went chat 11 back in 2012....commons,did not get wiped out..the company restructured as we are doing...wamu holders retired their old WAMU shares per signed releases...we were issued new shares in the restructured company...WMIH...old shares are held in an escrow account...i made a ton of $$$$......dont listen to the naysayers...before you invest...you need to read read read...get as much into on any stock you are planning to invest in...we are good here...we will prosper...ive been involved with SUNEQ,for some time now...so I've had to avg down...but I'm comfortable with what I own..i hope this helps...good luck

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