BioAmber Inc fka BIOAQ

[Homebrew]

Some don't understand share cancellation and think commons will be "saved" somehow, others are gambling they can sell for a profit before cancellation.

why people are buying it and selling it?

Correct, No assets left for common shareholders. Not even enough assets for those ahead of commons.

My question was simple if all assets have been sold and only bankers creditors and preferential stock holders are going to get paid first then nothing is left for general stock holders like me.

When cancelled, they will not even exist, so cannot be bought or sold.

Then in my point of view stock should go back to 0001.Logically thinking.