PebHmong Discussion Forum

Life & Living => Money & Investment => Topic started by: hmgROCK on July 01, 2020, 10:38:21 PM

Title: What happen when a company goes bankrupt??? You (the investor) get wipe out
Post by: hmgROCK on July 01, 2020, 10:38:21 PM

They paid off all the creditor, bond holder, etc... first
If there any money left
You the investor might get some if lucky

But you get wipe out mostly

They issue new shares
Old share become useless

Ticker symbol
Lots of people got wipe out back in 09
New share doing pretty good

$CHTR