When a company is delisted from say a major exchange then you still own the shares. And you can still buy and sell those shares online; however it may take longer to buy and sell because they are typically not as liquid as stocks that are still listed in the exchange.
If the company just disappears from the market altogether and goes into bankruptcy then as long as the company is still around you still own shares in it and when it reappears as an equity you will own shares from the new stock.
As long as the company is still around, shareholders will still own a portion of the company unless they are bought out or sell.
Jan 07, 2012
delisted companiesNEW by: uisi70
I own plenty of shares of several US companies which were listed when I bought them. After delisting due to unknown reasons the directors, presidents and the omplete firms disappaered.
Nobody know were they are hanging around now.Fact is that all companies have been involved in a wordlwide pump and dump scam with help of different "financial advisors". As far as I know more than 5000 investors are cheated.
Complaint with FBI, SEC and other authorities have been unsuccesful, no result and no researach about whereabouts.
In my opinion all these bad people have premidiated set up their companies with aim only to damnify their investors.
Because I never have had received any response on my complaint I've to assume that all theses conman just have taken our money having a good time.
My concrete request is:
"Why are doing FBI and Ministry of Justice nothing at all against these fraudsters??"
Sometimes I've feeling, cause no blood is in the streets, or is fraud the "way of american dream"
If anyone can get me a plausible explanation, please mail to:
welswolf@aon.at