Buying into a bankrupt Company

Discussion in 'Stocks' started by DblArrow, Jan 24, 2006.

  1. DblArrow

    DblArrow

    #11     Jan 25, 2006
  2. ER9

    ER9

    dblArrow ...i can confirm that current shareholders of UALAQ are not getting any stock. i have 2k shares at A.G.Edwards and my broker called me to explaine only the bond holders will get stock after the bankruptcy emerges and that my shares are now worthless. wish i could explain in detail how it all works but i dont fully understand it yet either.
     
    #12     Jan 25, 2006
  3. DblArrow

    DblArrow

    ER9 - Thanks for that info.

    Chris
     
    #13     Jan 25, 2006