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davidsson10

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davidsson10

Re: BurntPizza post# 3688

Wednesday, 06/13/2018 9:43:16 AM

Wednesday, June 13, 2018 9:43:16 AM

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"The short answer is that most of the time, the stock of a company in Chapter 11 becomes worthless and shareholders get completely wiped out. Purchasing stock of a bankrupt company for pennies per share and hoping to make a quick buck when the company restructures almost always turns out to be a bad idea."

https://www.fool.com/knowledge-center/what-happens-to-stock-prices-after-exiting-bankrup.aspx

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