Replies to post #35520 on Sears Holdings Corp. (fka SHLDQ)

[jimr1717]

Should the $43.00 shorts be scared? Tia

[56Chevy]

Psst! There are 53 million reasons why Eddie Lampert had to abandon his equity stake.

Ever hear of "conflict of interests"? Do you know what that is and why it matters??

[jimr1717]

Did you add today?

[Scotttrader80]

What Will Happen to My Stock or Bond?

A company's securities may continue to trade even after the company has filed for bankruptcy under Chapter 11. In most instances, companies that file under Chapter 11 of the Bankruptcy Code are generally unable to meet the listing standards to continue to trade on Nasdaq or the New York Stock Exchange.

However, even when a company is delisted from one of these major stock exchanges, their shares may continue to trade on either the OTCBB or the Pink Sheets. There is no federal law that prohibits trading of securities of companies in bankruptcy.

https://www.sec.gov/reportspubs/investor-publications/investorpubsbankrupthtm.html