What happens to stock value if GM goes Chapter 11?
Let’s say I buy 100 shares of GM common stock today at say .75 per share.
Then, say in January, GM declares chapter 11 bankruptcy.
What happens to my shares of common stock? Do they become worthless? Do they survive somehow?
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Categories: personal bankruptcy Tags: chapter 11 bankruptcy, common stock, gm, stock today
what happens to your GM stocks after they file their Chapter 11?
I have GM stocks and I want to know what will happen to them when the company files its Chapter 11. Are they useless?
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Categories: personal bankruptcy Tags: chapter 11, gm, stocks
What public companies are going into chapter 11?
What publicly traded American companies are going into or might be going into chapter 11 bankruptcy soon?
nobody really answered my question. gm is an obvious one, and other people gave bs explanations that i already knew, even though i asked for specific companies.
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Categories: personal bankruptcy Tags: chapter 11 bankruptcy, explanations, gm, specific companies
What Happens to the Stock Holders When a Company Goes Chapter 11?
What happens to the stock owners holdings when a company like GM goes chapter 11 bankrupt?
do you think that’s what going to happen to General Motors?
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Categories: personal bankruptcy Tags: general motors, gm, stock owners
What will happens to stocks of a company that claims chapter 11?
I know that their stock will be pretty much worthless, but of they claim chapter 11 will their current stock holders be able to keep their stock? or does it all fritter away? cause i think that GM should claim chapter 11 so they can restructure, and then they may be able to be profitable in the future, a long way into the future but still.
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Categories: personal bankruptcy Tags: chapter 11, gm, stock holders, way into the future
What do you do when a stock investment goes bankrupt?
I bought some shares or GM awhile back and stop paying attention to the market when I started school.
As of now GM has gone bankrupt and they keep sending me a letter but in all honesty I am not sure what i am suppose to do.
It says all transferred and trades must be approved or something,
But any how what do I do,
Better yet what am I allowed to do with bankrupted stock?
I don’t have a broker,
Will it be the same if I do it myself?
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Categories: information on bankruptcy Tags: gm, honesty, paying attention, stock, trades