Replies to post #45651 on Helios and Matheson Analytics Inc (HMNY)

[davpar]

Ummm no. Chapter 11 will of course be rough on the shareholders, but it doesn’t necessarily mean total wipeout:
https://www.investopedia.com/ask/answers/06/chapter11stocksbonds.asp
“Corporations may also continue to trade company bonds and stocks throughout the bankruptcy process but are required to report the filing with the Securities and Exchange Commission within 15 days.”