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Posted By Topic: Question on Bankruptcy of firms       - Views: 2244
jacky87 		17-Apr 2009 Friday 12:08 AM (5689 days ago)               #1
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  		Sibei jialat...

Bought General Growth Property share last week albeit only a little amt...den today receive news that it has filed for Bankru***y...

So what it means now for me?

i knw shares have been suspended but i thinking if long future ahead,possible that the shares will reopen again or sth like that or all my shares are gone down d drain?

Pls advised.



Play responsibly

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sinasl 		18-Apr 2009 Saturday 5:15 PM (5687 days ago)            #2
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  		quote originally posted by jacky87:
Sibei jialat...

Bought General Growth Property share last week albeit only a little amt...den today receive news that it has filed for Bankru***y...

So what it means now for me?

i knw shares have been suspended but i thinking if long future ahead,possible that the shares will reopen again or sth like that or all my shares are gone down d drain?

Pls advised.


shit is the word.bregds



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iam40342 		19-Apr 2009 Sunday 12:22 AM (5687 days ago)            #3
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  		quote originally posted by jacky87:
Sibei jialat...

Bought General Growth Property share last week albeit only a little amt...den today receive news that it has filed for Bankru***y...

So what it means now for me?

i knw shares have been suspended but i thinking if long future ahead,possible that the shares will reopen again or sth like that or all my shares are gone down d drain?

Pls advised.


GGP was filling for chapter 11 bankru***y so it won't reopen again just like so many US company including Lehman.

However there are a small hope that it will reopen in the future but the stock will likely to go straight to below 0.01 or even 0.005 and you won't have a chance to even sell it as many others stuck at the same situation.

So it's better for you to think the shares are gone down d drain......



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jacky87 		20-Apr 2009 Monday 4:02 PM (5685 days ago)            #4
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  		quote originally posted by iam40342:
GGP was filling for chapter 11 bankru***y so it won't reopen again just like so many US company including Lehman.

However there are a small hope that it will reopen in the future but the stock will likely to go straight to below 0.01 or even 0.005 and you won't have a chance to even sell it as many others stuck at the same situation.

So it's better for you to think the shares are gone down d drain......



darn....Poems has taken out the shares out of my inventory lor.....



Play responsibly

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