J Jeanie New member Jun 17, 2009 #1 I have 36 shares of GM Stock, now what? do they still stay in my account? What happens when the bankruptcy, is complete?
I have 36 shares of GM Stock, now what? do they still stay in my account? What happens when the bankruptcy, is complete?
D David Z New member Jun 17, 2009 #2 sometime in July or august it will be complete and those shares will be cancelled. It is highly unlikely you will be issued any new shares from the new GM. But it could happen.
sometime in July or august it will be complete and those shares will be cancelled. It is highly unlikely you will be issued any new shares from the new GM. But it could happen.
W wg0z New member Jun 17, 2009 #3 sell them now and you might get a little money after the commission. if you hold them until cancelled they become totally worthless.
sell them now and you might get a little money after the commission. if you hold them until cancelled they become totally worthless.
