$Ideanomics (IDEX.US)$ so if u own stock with a company that...
$Ideanomics (IDEX.US)$ so if u own stock with a company that gets delisted what happens to ur stock?
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mind_of_ice
:
theoretically, there is still a market for stocks from delisted companies... but in practice, whatever capital was inside is pretty much lost until the company gets relisted (if it ever does).
starr67
Jesse Smalley
OP
:
my 1st delist stock in March is a total loss though I have not try to sell it yet. it is now going from 2 cents and 4 cents, it's a loss. not sure if I want to average since can't seem to move I'll probably sell towards the end of year as a loss so I don't get too much tax.
mind_of_ice : theoretically, there is still a market for stocks from delisted companies... but in practice, whatever capital was inside is pretty much lost until the company gets relisted (if it ever does).
3scompany : u get to keep your shares just can't buy any
Biff : They get moved to the wild wild OTC market
Jesse Smalley OP : so can there still be a profit made
starr67 Jesse Smalley OP : my 1st delist stock in March is a total loss though I have not try to sell it yet. it is now going from 2 cents and 4 cents, it's a loss. not sure if I want to average since can't seem to move I'll probably sell towards the end of year as a loss so I don't get too much tax.