tabanmaah
Oct 1, 2010, 06:29 PM
I have some stock in citigroup before they file for bankruptcy and now they are back do my stock worth something?
The same question about GM. They are coming in Nov. would their old stock worth anything or not?
kofigc
Oct 28, 2010, 01:43 PM
Answer is possibly a bit late but seeing as nobody else has popped anything in yet...
If you mean you bought shares in a company when it was believed they were going to fold but they didn't the best thing for you to do to is check out how they are doing on the stock market, this information should be freely available online or in a financial orientated newspaper.
If you mean you purchased shares in the company and they did fold however have came back into trading then I don't believe your shares will be valid as the company will be filed under a separate legal entity.