What happens to the stock price of Northwest Airlines (NWACQ.PK) if the company emerges from chapter 11?
I currently own stock in NWACQ.PK – According to research on chapter 11 bankruptcy, I have found that if and when a company emerges from chapter 11, its Over The Counter stocks may be rendered worthless. Is this true, and if so, will there be an advance warning of when the company will officially go public again so that I could sell the stocks in time to retain my investment money?
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Categories: personal bankruptcy Tags: chapter 11 bankruptcy, investment money, pk, stock, stocks