$SVB Financial (SIVB.US)$ What do shareholders do if it goes...
$SVB Financial (SIVB.US)$ What do shareholders do if it goes out of business? I have 10 shares on my hand. Is it zeroed out? 100% money loss?
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Lucas Wang Hap :
Yes, 10 shares are fine. A 20,000 dollar brother is already crying and fainting in the toilet
Backend OP Lucas Wang Hap :![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
There are also brothers and sisters who doubled their earnings before the market closes lol. So exciting.
Lucas Wang Hap Backend OP :![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Among them is me
Tuziya55555 : Right, loss 100%
Ff66 : shareholders wipe out.
minions365 : Paper hand now look great but it will be all gone on 28 mar
102270433 :
102270433 : https://www.moomoo.com/news/post/20962902/-judgment-day-is-coming---svb-financial-group-files-for-chapter-----more-businesses-and-consumers-are-also-filing-for-bankruptcy-?src=2&ns_stock_id=203101&report_type=stock&futusource=news_stock_stockpagenews&report_id=23757169&main_broker=WzEwMDhd&channel=4&skintype=1&level=1&data_ticket=4dfe810dd77ed22f0fb5bb1f691e6dd0
102270433 : If there is a successful OTCPink Vending System deal, there may only be a few cents or a few cents left, and someone will be willing to buy it...
Chapter 11 allows debt restructuring to be settled, acknowledging that the company has a chance to turn over... There are also successful examples, and it is also the result of many final failures... Maybe just leave it in front of a zero-out mentality! Anyway, even if there's a deal, it's just a few leftover soup scraps... it might be better to leave it alone; maybe it can make a comeback again!