Listener Question: What Happens To The Stock When A Business Goes Bankrupt?

How to write off stock losses on your taxes (indefinitely!), the complications of holding on to a stock that’s mostly worthless, and more.
This podcast was recorded on Mar. 10, 2016.
Imagine owning Amazon.com (up over an insane 4,000% since 2001) when Internet sales rendered big-box retailers obsolete... Now an industry 99% of us use daily is set to implode... And 3 established companies are positioned to take advantage. Click bit.ly/1zQXjzy for a stunning presentation.
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[@busygal777]

Hertz car rental on the verge during the pandemic 👀 Hello from the future

[@ThatLegendRicoKing]

I am watching this video because of HERTZ haha ! I might not sell it.

[@vjkumk]

Good you predicted, they filed chapter 11 bankruptcy today.

[@user-un2of2jh8m]

hj But what do I do with my stocks in hertz ?
Will I be penalized for owning stocks? because I just got a super cryptic email lol

[@vjkumk]

@@user-un2of2jh8m you can sell it profit now..i bought for $2 and sold for $3 today

[@Timyeahhh]

my right ear enjoyed the ending song

[@gerardshorticultureculture7579]

great information