if so is it a good idea to, since the share costs are so low when this happens, and its looking like they will be able to pull out ok?
2007-08-01 07:15:00 · 4 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
it is speculative, to say the least
until you know that the existing shareholders will actually still own shares after the bk ends, you risk losing every dime you put into the outfit.
oh
2007-08-01 07:20:53 · answer #1 · answered by Spock (rhp) 7 · 0⤊ 0⤋
You can, but its not smart. In a bankruptcy, the shares are usually cancelled, hence worthless.
2007-08-01 14:37:49 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Probably not. They usually come back under another name etc making your paper worthless at least that's what happened to me.
2007-08-01 14:50:36 · answer #3 · answered by Makes Sense 3 · 0⤊ 0⤋
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2007-08-04 06:13:12 · answer #4 · answered by mala s 1 · 0⤊ 0⤋