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richrichrich

12/12/18 9:10 AM

#195 RE: Agrarinvestor2012 #194

Yes, in a section of my fidelity account which I call the graveyard. This is a list of stocks that have gone chapter 11 or otherwise died. In rare cases, some of these dead stocks have either come back to life days/weeks later, and become tradeable, or pay out some tiny amount based on the finalization of the death. The listing shows as luokung, not kone, so this means the name change occurred, before it ceased. I'm still hoping it may spring back to life, if they take some sort of action up with the sec, towards restoration. Not likely though, since most of these stinky companies have their incorporation in the Cayman islands, or another anything-goes area of the world....
This one does make me wonder, exactly where does my held equity amount go? Into their pocket?