Assets for bankruptcy

Posts Tagged ‘stock’

I work at RiteAid and rumor is that RiteAid is going bankrupt. I checked their stock and it’s only worth $.99! I’m worried because I worked so hard to get this job and I’m wondering what’ll happen to the rest of us [I'm a cashier] if RiteAid goes bankrupt?

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Technorati Tags: cashier, job, riteaid, stock

First I’d like to know something about Chapter 11 bankruptcy. How does it work? some people say it’s a debt reconstruction, it doesn’t actually mean the company goes bankrupt. But why it’s called "bankruptcy protection", how does it relates to bankruptcy?

Second, why the price of a company’s stock will go up after chapter 11 bankruptcy? Do you think right now is a good time to invest in GM and Six Flags inc? Thank you!!

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Technorati Tags: bankruptcy protection, chapter 11 bankruptcy, gm, good time, reconstruction, six flags inc, stock

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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Technorati Tags: chapter 11 bankruptcy, investment money, pk, stock, stocks

Frontier Airlines is currently going through chapter 11. When will I know to buy stock, so I won’t be throwing my money away through their chapter 11 proceedings ? I want to get in on the ground floor when the stock is cheap.

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Technorati Tags: chapter 11, frontier airlines, money, proceedings, stock

For example, i bought a stock and the company went bankrupt, what happens to my stock? i also want to know what happens to a stock when a company is sold to another company, for example bellsouth.

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Technorati Tags: bellsouth, stock

I want buy basement price beaten stocks which is under chapter 11 and restructuring and hold for a while to see company come back. Stock is currently trading at 0.11 cent on Nasdaq.

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Technorati Tags: chapter 11, nasdaq, restructuring, stock, stocks

I was wondering if I could buy stock in a company that has recently filed chapter 11 (circuit city)? I don’t know if once you file chapter 11 is the market closed or what? Thanks

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Technorati Tags: chapter 11, circuit city, stock

I have some CIT stocks. what happens if they file bankrupcy (chapter 11)? It looks like they are going to file pre-packaged ( i believe ch11), within next couple day. Is my stock going to be valued {content} ? What if I decide to keep the stock for long term? If the company restructure and do well after many years, is it worth it to keep the stock?

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Technorati Tags: chapter 11, stock, stocks

I have purchased some stock of CIT when it was $.30 . For about 3 months it went about and down in value and then eventually the company when bankrupt. Now its out of bankruptcy and the stock is work .

I never sold or gave up my stock, so are they still something?

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Technorati Tags: bankruptcy, stock

I bought stock in a company in 2000. The company went bankrupt in 2001. I still have the stock in my brokerage account. Can I still claim capital loss on those shares in this year’s tax return?

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Technorati Tags: brokerage account, stock, tax return