Originally Posted by
ghilis101
*if* Mesa goes bankrupt, its stock will be worth zero. If they come out of bankruptcy, they'll reissue their stock. but still the old stock would be worthless.
it doesn't always happen that way. sometimes, after a bankruptcy organization, the original stock still stands or is swapped out for new stock at some rate. so it's not always worthless. that being said, it's not a great personal plan to buy stock and then declare bankruptcy for your company. wouldn't make a whole lot of sense.
buying stock in anticipation of having your company bought by someone else makes much more sense, financially.