Buying Stock In Bankrupt Companies Direct

: Delisted shares migrate to over-the-counter (OTC) markets, such as the OTC Bulletin Board or Pink Sheets.

The type of filing determines the fate of the company and its shares: buying stock in bankrupt companies

: Some brokerages, such as Fidelity or Public , may restrict trading in these stocks or require special permissions due to volatility and low liquidity. The "Waterfall" of Payouts : Delisted shares migrate to over-the-counter (OTC) markets,