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Why are you still holding them? To your question, Shares will be delisted to pink sheet under $SHLDQ.
by nabaraz 8y ago
Why are you still holding them?
To your question, Shares will be delisted to pink sheet under $SHLDQ.
- the_clarence 8y agoWhat does that mean? I just read the news so I'm not sure about my options. Who would buy them?
- avar 8y agoIf you don't already know the answers to these questions you should not be taking the high risk of investing in individual stocks. But yes, you're screwed. In general you might get some money back if the assets they can sell on a firesale exceed the debts, but that'll be pennies on the dollar. But if the company had more debts than assets you've lost your money, unless you're among the first in line for debt payout, but that'll go to "innocent bystanders" like the suppliers of Sears first, not investors who just made a bad investment decision.
- the_clarence 8y agoMeh. I'm investing peanuts and it looks like I'm going to learn something which I would have completely ignored if I had not bought these stocks.
- drdeadringer 8y agoWhat lead you to buy Sears stock in the first place? Was Sears a seemingly viable concern when you bought in?
- the_clarence 8y agoIt was the cheapest stock. Been buying small amounts of cheap stocks