It's not so much the delisting as it is the chapter 11
where you are going to lose all value in your shares.
(In concert together, well that just hastened the death knell).
They are going through chapter 11 reorganizing for a reason
and you my friend as a stock holder are just another creditor.
It's not personal, it's just business. Don't make it personal.
Just sell, get out and move on.
IMHO this stock will probably zig zag up and down while on a downward overall ark as many savvy traders make money on the decline.
Take the anger and emotion out of it, watch it, study it and learn.
And here is something to investigate because I'm not quite clear on the answer (as I have read FRNT plans to come out of this restructuring in about 18 months -- you have plenty of time).
If you ride this thing down past a quarter, past a dime then a nickel and are acquiring more and more shares as you go because you truly believe they will emerge from the restructuring as a viable company, are those shares in FRNT that you have acquired along the way at very low prices going to reap profits on the way back up?
I don't think so!
If / when they emerge from chapter 11 stronger than before, my belief is that existing shares will be canceled with new shares at a new price being offered and you could get stuck with 8 million shares of nothing...Again it's just business.Do the homework and learn the rules.
Like I said earlier I'm completely out of this one, watching and learning from the sidelines.
Good Luck...
AI
