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Friday, April 13, 2007 11:21:46 PM
CinemaStar Luxury Theaters (LUXYQ): filed Chap 11 in Jan 2001; canceled all common in Nov 2001; ticker still active: http://pinksheets.com/quote/quote.jsp?symbol=LUXYQ
Liteglow Industries (LTGLQ): filed Chap 11 in Oct 2003; canceled all stock in Aug 2004; ticker is still active: http://pinksheets.com/quote/quote.jsp?symbol=LTGLQ
There's other examples. Of the ones I've watched, usually the company takes steps to cancel the stock whenever the oversight is brought to their attention either thru heavy trading or contacting them.
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"We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful."
-- Warren Buffett
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