2007-09-26 02:08:43 · 3 answers · asked by Adam V 2 in Business & Finance ➔ Investing
Yes, and no. There is no guaranty that a piece of stock is worth anything whether the company is coming out of bankruptcy or not. What matters is whether others are willing to take a chance on your stock and buy it.
Check out the company's plans now that the bankruptcy is over. Look at their track record and check the stock lists to see what it is currently trading at. Remember, the value of a stock is based solely upon what someone else is willing to pay for it.
2007-09-26 02:17:49 · answer #1 · answered by Marvinator 7 · 0⤊ 0⤋
Yes, it may have eliminated debt, and be more valuable.
The real question is, do they have the same executives who drove it bankrupt, or new managment who can make the company work.
2007-09-26 03:04:30 · answer #2 · answered by Feeling Mutual 7 · 0⤊ 0⤋
Delta Airlines is a case-in-point that the answer is yes.
2007-09-26 05:59:05 · answer #3 · answered by ajherden 3 · 0⤊ 0⤋