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newflow

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newflow

Re: None

Friday, 10/16/2020 11:39:33 PM

Friday, October 16, 2020 11:39:33 PM

Post# of 9365
Good read
https://www.reddit.com/r/personalfinance/comments/81r1a9/can_my_broker_remove_what_they_are_assuming_will/

This is what i see in the brokerage statement

WINDSTREAM HLDGS INC
BANKRUPTCY 9/22/20
REMOVE WORTHLESS SECURITY
Auto Reorg#497254|REMOVE
WORTHLESS

Can a worthless stock comeback, may be. Should a G type reorg pay up the equity,yes.The plan was to sell the equity out of bankruptcy.BK made shares worthless and most of the shareholders sold out.Non obligor debtor assets are belong to shareholders subject to liabilities.

Only Windstream Services had debt and Windstream Holdings Inc had zero debt by itself.

WORTHLESS!!
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