Stock ? What happens to my stock if a company goes bankrupt ...

September 19, 2011

By admin in Finance FAQ | 29 comments

Stock Question by Joe K: What happens to my stock if a company goes bankrupt?
I own stock in a company that is facing bankruptcy. Will I lose my stock if the company is acquired by another company or will I lose my stock if they go bankrupt and do a reorganization settlement/agreement with their creditors?

Best answer:

Answer by grand lake bum
you can use it instead of toilet paper

Know better? Leave your own answer in the comments!

Stock

The financial memory only lasts about 30 years then analysts, bankers and regulators fall victim to greed and fear. No matter how much they fiddle with interest rates, Bob Marley said it best: ?One day the bottom will drop out??
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