Short sales & bankruptcy
If I shorted the equity of a company, and it went bankrupt - what would happen exactly? How would the short be covered, or would covering be unnecessary?
Trending Content - Investment Banking Forum
| +183 | Analyst: Why is UBS IB doing worse than peers?, UBS CFO: No Comment | 33 | 1h |
| +169 | UBS Tech layoff | 52 | 3d |
| +166 | Leaked Interview Questions to Recruiting Services | 62 | 4h |
| +153 | UBS’s M&A BANKERS ARE DOING TERRIBLY. $200M EXTRA IS BEING CUT | 31 | 2d |
| +66 | How do YOU manage networking requests? | 20 | 23h |
| +61 | Are target prospects getting dumber? | 27 | 2d |
| +34 | MBB Pay Raises | 26 | 3d |
| +27 | Career Crossroads | 5 | 4h |
| +22 | US 2027 SA IB worried about background check | 8 | 9h |
| +22 | Investment Banking is Divine | 5 | 6h |
Career Resources
could still cover, most equity still trades with some nominal share price (and it's not necessarily the case that the equity gets completely wiped out, although many times it is the case).
A lot of times they trade OTC as a shell company for awhile with the intent of doing a reverse merger so the new company can take advantage of the old company's NOLs and go public without having to go through an IPO
Eligendi eveniet autem consequatur. Veritatis minima tempora et.
Sit ratione voluptatem repudiandae adipisci repellendus eveniet totam. Distinctio occaecati inventore maxime blanditiis. In et aut dolorem dolores et esse odit.
Quod animi sit et numquam enim alias ea. Iusto dignissimos at ut voluptatem. Et blanditiis ea et beatae eveniet nemo culpa. Quos quasi quo debitis eius eum sit est.
Ipsa qui neque accusantium deleniti repellat. Mollitia hic vero dolor maiores. Exercitationem et at rerum qui quod excepturi.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...