LSC Communications Inc. (fka LKSDQ)

[Odessa99]

You are correct that there will very likely be nothing left for common shareholders, when all is said and done. But for now, the stock will continue to trade for many months to come, just as Dean Foods (dfod*) has, also in chap 11. That stock was down to .05, and then within a matter of weeks bounced to over .35 ((in Jan 2020) for a potential gain of 600%. A similar thing also has happened to Pier One imports (also in chap 11), recently down to .06, and at this moment popping back to about .30. From my eperience, this happens to nearly all stocks while trading after filing for chap 11. I believe there is similar upside here.

As always, simply my opinion.

did you read that they are shutting down their operations: they are bleeding terribly in the midst of this covid crisis. it does not look good for current shareholders. the reorg will not include anything for commons. current commons will be cancelled, and they will issue new commons for creditors. lksdq is trading down at this level for that very specific reason...nothing for commons.

LKSDQ