Do stock holders lose everything if they are forced to delist?
What about shorting the stock, what happens?
5 replies (most recent on top)
If it is delisted to the OTC Pink Sheet market, it gets settled on that market. IF they go CH7 or 11, it goes to 0 and you get it all
You shouldn’t even be a stockholder at this point…
You May lose some or all of your principle investment. There is no guarantee of future returns.
Throw your money over the side of a quarry, and get more bang for the buck.
Sorry, I meant to type a .62 cent stock
They will reverse split. That is why they did it a couple of years ago. It's not a 2.75 stock, it's a .72 cent stock that went reverse 4/1 split a few years ago.
Becomes much harder to sell so theoretically will lose even more value. The shorts will have a party.