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Post# of 111458
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toogoodfella

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toogoodfella

Re: newflow post# 93266

Saturday, 05/08/2021 5:13:59 PM

Saturday, May 08, 2021 5:13:59 PM

Post# of 111458
RE:
OBS a worthless stock issued to former equity?
——-//-/———//——
In many cases of bankruptcy, COMMON and all EQUITY SHARES ARE WORTHLESS. It is the reason for filing bankruptcy in the first place.

ALTHOUGH ITS NOT A HUNDRED PERCENT RULE.

In Lehman’s case, equity holders still have a potential asset from NOL that can be utilized.







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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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