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noradio

08/30/20 12:51 AM

#16502 RE: jerrybrockman #16501

I could care less if the Q stays, gives the ticker a nice ring too it.

elks

08/30/20 12:52 AM

#16503 RE: jerrybrockman #16501

WRONG !!! BRTXQ !!!!!!!

OCMillionaire

08/30/20 1:23 AM

#16506 RE: jerrybrockman #16501

so are diamonds

fojcol

08/30/20 2:17 AM

#16508 RE: jerrybrockman #16501

Your own link says the Q is to let people know it's in bankruptcy. Your own link never says the Q stays on forever. Your own link contradicts you 5X over.

srm4u

08/30/20 11:31 AM

#16538 RE: jerrybrockman #16501

The letter “Q” added to the end of a stock symbol is not a good sign for investors; “Q” means the company is in the midst of bankruptcy proceedings. The SEC warns investors to steer clear of “Q” stock, unless you’ve carefully reviewed the proposed bankruptcy reorganization plan and it looks like the company will come out of the financial trouble on top. In many cases, however, the company’s old stock -- labeled with the ominous “Q” indicator -- is dissolved after the proceedings.

Corporate Bankruptcy Basics
Corporations have the option of filing under two separate bankruptcy chapters: Chapter 7 and Chapter 11. Much like personal bankruptcy, a Chapter 7 filing dissolves the corporation, selling off its assets to pay creditors. Chapter 11 is more like a personal Chapter 13 filing, where the corporation remains in business but is restructured and monitored under the bankruptcy court. This enables the business to pay off creditors all the while attempting to
https://finance.zacks.com/q-removed-stock-symbol-7812.html#:~:text=A%20%E2%80%9CQ%E2%80%9D%20is%20added%20to%20the%20end%20of,the%20company%20and%20its%20related%20stock%20regain%20profitability.

The reorganized company may, in rare cases, grant some of its new stock to former shareholders of its predecessor. That stock may be worth more than the price at which its stock trades while in "Q" status. However, according to a May 2011 article in "Bloomberg BusinessWeek," only four of 41 companies that went bankrupt delivered any value of any kind to shareholders once they reorganized.

An Alternative
Once stock in a reorganized, post-bankruptcy stock becomes available, any investor can buy it. Some investors avoid reorganized companies because of the past performance of their predecessors, but these stocks can rise in value if the reorganized entity succeeds in rebuilding its prior business. They can also gain value if the reorganized companies are taken over by other firms. However, not all reorganized companies do succeed, and before buying stock in any company thorough research is recommended.
https://budgeting.thenest.com/q-stand-end-stock-symbol-25233.html

Prominent Capital

08/30/20 12:03 PM

#16557 RE: jerrybrockman #16501

Diamonds are forever