Replies to post #9830 on Rite Aid Corp (RADCQ)

[Lazarus]

I can assure that if a stock moves UP after announcing bankruptcy it's the exception -- not the rule. It's NOT common for stocks to go UP after a declaration of BK

I've had a LOT of stocks drop to zero -- go no bid -- or worse, get suspended/revoked by SEC and lose their ticker symbol. I probably have 50 CUSIPS in my accounts that are worthless, also a lot of tickers that went to the GREY market and show no bid or ask.: 84 worthless stocks in my accounts last time I counted.

I have a friend who put some money in a brokerage account to begin trading. This is one of the 3 stocks said friend bought -- only it trading around 2 bucks back then (couple of years ago) and I put it on my watch list at that time. Must ask said friend if they are still holding (I hope not).