InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,567.19
(
1.06%
)
US TECH 100
19,828.00
(
0.95%
)
Dow Jones
39,375.87
(
0.17%
)
Brent Oil
86.78
(
0.00%
)
Bitcoin
57,082.68
(
-2.09%
)
Post# of 73898
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

x100xPercent

Send PM Follow Ignore
Followers 34
Posts 2222
Boards Moderated 0
Alias Born 07/28/2017

x100xPercent

Re: macdwatcher1 post# 73030

Friday, 10/02/2020 10:04:07 AM

Friday, October 02, 2020 10:04:07 AM

Post# of 73898
Wrong, if this company gets out of bankruptcy and they begin trading under a new ticker, we are all screwed. They don't have to issue any shares to the old shareholders and they probably won't because that's like giving charity.

Just happened with DNRCQ when they emerged from bankruptcy as DEN. New ticker, new share structure, only gave the old shareholders series B warrants which ended up being worth 1/4 of the closing share price of the old ticker and wasn't even tradeable for over a week.
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

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.

Sign Up