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Re: winnotlose post# 3961

Tuesday, 03/10/2020 3:11:36 PM

Tuesday, March 10, 2020 3:11:36 PM

Post# of 4151
In both of your cited cases all shareholders of commons were wiped out and brand new shares were reissued. While it's not impossible for commons to be saved in a chapter 11 it certainly is very rare. When it's in a company's best interest to cancel commons, and it almost always is in these cases, you better believe they will. They don't give a damn.

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