Rite Aid Corp (RADCQ)

[Odessa99]

I have shared your experience in OTC companies that filed for bk, but that it not the type of company to which I am referring. I am specifically referring to big brand name, large scale companies such as Sears Holdings, Trump Entertainment, Six Flaggs, etc. When these companies were in decline over a multi-year time frame (such as Rite Aid), and then finally filed for Chap 11 bk, there was almost always at least one significant price pop after that filing. Simply check the historical data if you think that has not ocurred. The reason I know it is common, is because I was in each of them during/shorlty after the bk filing.

I can assure that if a stock moves UP after announcing bankruptcy it's the exception -- not the rule. It's NOT common for stocks to go UP after a declaration of BK

I've had a LOT of stocks drop to zero -- go no bid -- or worse, get suspended/revoked by SEC and lose their ticker symbol. I probably have 50 CUSIPS in my accounts that are worthless, also a lot of tickers that went to the GREY market and show no bid or ask.: 84 worthless stocks in my accounts last time I counted.

RAD