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jet101

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jet101

Re: Adam16 post# 38285

Thursday, 03/22/2018 9:50:17 AM

Thursday, March 22, 2018 9:50:17 AM

Post# of 38496
Yes you can but are they really worth anything?

The reality is that when companies emerge from bankruptcy, the “old” common stock of the company is usually worthless. In most instances, the company’s plan of reorganization will cancel the existing shares of common stock.



https://www.sec.gov/oiea/investor-alerts-bulletins/ib_bankruptcy.html

Everything I post is from my own DD and in no way is a recommendation to buy or sell a stock. Please do your own DD and decide if this stock is right for you. Thank you and good trading.

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