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zoomboom

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zoomboom

Re: Airbrush19 post# 19864

Sunday, 02/21/2021 7:33:22 PM

Sunday, February 21, 2021 7:33:22 PM

Post# of 20604
If a company manages to emerge from Chapter 11 bankruptcy stronger than before, current shareholders may or may not benefit from the turnaround, as old stock may get canceled during the bankruptcy process, and new shares issued.

https://www.investopedia.com/ask/answers/10/stock-holder-lose-equity-chapter-11.asp


May or may not. We are in the may nots as we can read clearly it states commons being canceled.


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