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In response to
"
Why don't the markets freeze a stock when the company declares bankruptcy? -- nm
"
by
Mop
Because then whomever is holding the stock has their money tied up potentially for years.
Posted by
spamlet
Jun 11 '20, 13:41
There are tons of stories of short sellers that were right but never could cash out because the stock got frozen and they couldn’t buy it back.
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