I'm long on leham as of friday. what will happen to my share value if they go chap.11

Will the value possibly go up as did bear stearns?

added one year ago

I'm long on Leman as of friday. What will happen to shareholders if they go chapter 11? and could share price go higher as bear stearns did?

Asked by pilot7 in Latest News one year ago Stocks referenced: LEH

Answers

307 points

Sorry but I've got to be honest. You'll get more than you deserve. Maybe $0.30 per share?