QMengColdJoke
Raymond4111
:
It depends on your account type and broker. Some can only sell long positions and buy back short positions. Some cannot be operated online, requiring a phone call (generally phone orders incurring broker fees of several tens of US dollars), and some cannot be done on the app but can be done on the browser version... I haven't received any notification saying not allowed to trade, haha.
RmacFL
:
Manny, the company states common shares will be wiped out. Are you expecting common share holders to receive stock in the "new and improved" Spirit that will emerge Q1 2025? When companies enter into Chapter 11 sometimes existing share holders retain ownership and other times they lose everything. Curious your thoughts
Chase21 : Yup, moon soon
Raymond4111 : I can't trade, how do I display it?
RmacFL : what makes you think this is a good time to buy?
QMengColdJoke Raymond4111 : It depends on your account type and broker. Some can only sell long positions and buy back short positions. Some cannot be operated online, requiring a phone call (generally phone orders incurring broker fees of several tens of US dollars), and some cannot be done on the app but can be done on the browser version... I haven't received any notification saying not allowed to trade, haha.
MannyTrade OP QMengColdJoke : I'm gonna see what the first quarter for 2025 will do for Spirit
A 1000 shares should be good...its only up from here
RmacFL : Manny, the company states common shares will be wiped out. Are you expecting common share holders to receive stock in the "new and improved" Spirit that will emerge Q1 2025? When companies enter into Chapter 11 sometimes existing share holders retain ownership and other times they lose everything. Curious your thoughts
QMengColdJoke RmacFL : exactly, some cases shareholders get even more than market price before bankruptcy, but most cases shareholders get nothing