Of course nrtlq will still trade, right up until nortel makes it official and signs off on all securities related to any and all shares... tons of Q's trade all the time.
One buys nortel shares at .10 and all of a sudden they think nortel owes them a dollar, 10 dollars a share? Nonsense.
A shareholder is not a creditor. And again, Nortel themselves expect no value given to common shares of any part or subsidy of nortel.
In this worlds not so rosy reality, nrtlq shareholders are not only NOT in the game, they are out in the parking lot sitting on tailgates waiting for the announcement that their season tickets are no longer honored because the team went bankrupt and the arena is empty. You won't even be allowed in to rip up a seat, because the front office exec's had dibs on all the stuff in the suites. We're even below the janitors and field maint....the guy with the towels gets a cut before shareholders....who are you going to sell your tickets to? The hot dog vendor?
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