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C.G.B Spender

12/24/15 12:10 PM

#1516 RE: Value_Investor #1515

Yup, soon as the Q drops off those old shares will be worthless

This trash is NOT on fire, A $140 paint job is NOT on fire by a long shot fyi


PROOF RIGHT HERE!!!!!


"Q" Added To Stock Ticker Symbol

When a company is involved in bankruptcy proceedings, the letter "Q" is added to the end of the company's stock ticker symbol. In most cases, when a company emerges from bankruptcy, the reorganization plan will cancel the existing equity stock and the old shares will be worthless. Given that risk, before purchasing stock in a bankrupt company, investors should read the company's proposed plan of reorganization. For more information about the impact of bankruptcy proceedings on securities, please read our online publication, Corporate Bankruptcy.
http://www.sec.gov/answers/qadded.htm