Replies to post #1108 on Lucira Health Inc (fka LHDXQ)

[wickerman]

$LHDX yes but the bagholders will tell you otherwise.

[Aladdin Sane]

https://www.fool.com/knowledge-center/what-happens-to-stock-prices-after-exiting-bankrup.aspx#:~:text=What%20happens%20to%20the%20stock,shareholders%20get%20completely%20wiped%20out.

What happens to the stock?
The short answer is that most of the time, the stock of a company in Chapter 11 becomes worthless and shareholders get completely wiped out. Purchasing stock of a bankrupt company for pennies per share and hoping to make a quick buck when the company restructures almost always turns out to be a bad idea.