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IHuser

06/13/18 7:47 AM

#3690 RE: BurntPizza #3688

Next 2 days the ss cant be touched..lets run the f out of it

BIOAQ
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was BoxedIn

06/13/18 9:34 AM

#3754 RE: BurntPizza #3688

They won't cancel the old ones. They might dilute them out and then reverse split them, but they can't just cancel them.
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davidsson10

06/13/18 9:43 AM

#3773 RE: BurntPizza #3688

"The short answer is that most of the time, the stock of a company in Chapter 11 becomes worthless and shareholders get completely wiped out. Purchasing stock of a bankrupt company for pennies per share and hoping to make a quick buck when the company restructures almost always turns out to be a bad idea."

https://www.fool.com/knowledge-center/what-happens-to-stock-prices-after-exiting-bankrup.aspx