Originally Posted by
Yaatri
I own a few hundred shares of NW stock which is soon to become worthless. I had bought the stock in 2000 and held on to it once it had dropped after 9/11. Has anyone else found themselves in this predicament? I am hoping the large share holders will be able to strike a deal with NW appl;icable to all share holders.
If possible, I recommend selling it now, so that you have some documentation on just how bad your loss was -- anything you get is better than taking a 100% loss.
Same thing happened with K-mart.
Bob H