[Slow Play Ray]

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Usually the previous common stock becomes wallpaper. The former bonds and preferred (if any are converted into "new" common stock.

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I could be mistaken, but I don't believe there is going to be a "new" stock in this case, as they came up with a financing plan to come out of Chapter 11...the specific stock in question is CPTCQ, if that helps.

I just believe in their technology and want to keep this stock as a long-term invesment. But if it shoots up significantly when the "Q" is removed, I would probably like to dump enough to get my initial investment back, and retain the rest for long-term growth.

Keep in mind - I am truly a noob, so please be nice if I am being asinine. [img]/images/graemlins/grin.gif[/img]