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Thanks! Yeah, I did some research after I posted the question, which clarified to me what actually goes one with shares after a company exits bankruptcy. The opposite of what I thought, which obviously shows how much I know.

Tiptoeing back into trading after making some initial mistakes. My question is: What would be the risks of buying up a lot of shares of a stock like WAMUQ? From my angle, it looks like a stock destined to rise in price, as it gets close to exiting bankruptcy. But i'm convinced I must be...