2006-09-28 15:38:58 · 6 answers · asked by larry l 2 in Business & Finance ➔ Investing
more than likely it will be worthless.
2006-09-28 15:40:23 · answer #1 · answered by want2no 5 · 0⤊ 0⤋
Here is how the SEC summarizes what may happen to stock- and bondholders during Chapter 11:
"During Chapter 11 bankruptcy, bondholders stop receiving interest and principal payments, and stockholders stop receiving dividends. If you are a bondholder, you may receive new stock in exchange for your bonds, new bonds or a combination of stock and bonds. If you are a stockholder, the trustee may ask you to send back your stock in exchange for shares in the reorganized company. The new shares may be fewer in number and worth less. The reorganization plan spells out your rights as an investor and what you can expect to receive, if anything, from the company."
2006-09-28 15:49:07 · answer #2 · answered by troythom 4 · 1⤊ 0⤋
many human beings on organization fly on airplanes on a daily basis, yet if certainty be recommended that the inventory is falling from turning out to be fee ticket fees as an results of gas fees. greater human beings those days sense that's greater value-effective for driving. yet another factor to evaluate: the inventory feels like it could be valuable for the duration of holiday seasons and summer season holiday, yet greater quite everyone seems to be taking street journeys simply by cost ticket fees. you would be able to additionally desire to learn the airliners in case you're attracted to procuring the inventory. try seeking to work out who continues to be #a million and who has the main hubs.
2016-12-12 17:08:19 · answer #3 · answered by ? 4 · 0⤊ 0⤋
It will be in that big happy sky with United Airlines stock.
2006-09-28 16:00:58 · answer #4 · answered by Grandpa Shark 7 · 0⤊ 0⤋
It is worth nothing...
2006-09-28 18:16:02 · answer #5 · answered by kako 6 · 0⤊ 0⤋
It will fluctuate.
2006-09-28 15:48:03 · answer #6 · answered by The Bird 3 · 0⤊ 0⤋