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To: pater tenebrarum who wrote (126117)9/28/2001 6:11:08 AM
From: sammaster  Read Replies (4) | Respond to of 436258
 
what happens if u are short a stock and it suddenly stops trading and declares bankruptcy?
when are u allowed to cover and at what price?
do u have to wait till all the bankruptcy proceedings are over before u can take your profit?...and cover at the price left over for the common shareholders(usually zero)?

seems like your capital could be tied up for a while if u really short all the way to the END...



To: pater tenebrarum who wrote (126117)9/28/2001 10:03:03 AM
From: yard_man  Read Replies (1) | Respond to of 436258
 
Message 16426028