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johnnylaw12

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johnnylaw12

Re: Legster1969 post# 39711

Friday, 09/14/2018 4:15:51 PM

Friday, September 14, 2018 4:15:51 PM

Post# of 153950
It's according to the SEC:

https://www.sec.gov/fast-answers/answersqaddedhtm.html

Given that risk, before purchasing stock in a bankrupt company, investors should read the company's proposed plan of reorganization.

Q- Who has seen the plan?
A- No one.

Further information:

https://www.sec.gov/news/press-release/2014-243

Know that "Q" is for caution. A stock symbol with a fifth letter "Q" at the end denotes that the company has filed for bankruptcy.

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