InvestorsHub Logo
Followers 516
Posts 28250
Boards Moderated 2
Alias Born 01/22/2001

Re: None

Friday, 11/22/2019 10:58:24 AM

Friday, November 22, 2019 10:58:24 AM

Post# of 144845
Two things can only come out of this... Either this will be a big win for those who held, Or a huge loss...

Since this was in BK, the symbol removal means it is no longer tradable. Now the worse part... If Corporate really wants to be aholes about this, since it was a BK company, the stock registration could be revoked, meaning that all classes of shares are void and no longer exist.

If that happens and they do not issue stock to those who held for the new company, it becomes a total loss. I don't think there is a recourse should that happen since everyone knew the risks and had the chance to get out; and, if you chose to stay, it was on your own decision to do so.

I can only wish you well for a positive outcome.

Dragon52

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.