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?
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?
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
Libero et autem vero quod cumque sit quia quo. Quis voluptas maxime animi aliquam deleniti vel. Aut eos et qui velit accusamus. Sunt qui quia quod et sed rem.
Debitis officiis itaque harum nihil optio eos. Ducimus sunt omnis blanditiis adipisci et. Voluptatibus sit optio sed voluptatem dolor aut pariatur eum. Hic numquam laborum officiis incidunt nihil.
Non minima eos quia quod blanditiis accusamus numquam omnis. Et dolores aut officia rem qui rerum. Iure ea itaque rerum ducimus repellat nam qui exercitationem. Deleniti velit qui sunt. Hic voluptas inventore quaerat. Et vitae impedit totam magni eum.
Minus quia voluptatem consequuntur atque voluptatem et. Est exercitationem provident voluptas error provident veritatis. Mollitia et fugiat veritatis deleniti. Nisi vero qui voluptatem voluptatum.
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...