Quote:
Originally Posted by roastbeef
Isn't there a big difference between B7 and B11?
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Quote:
Originally Posted by jtodd_fl
Chapter 11 is reorganization - will stay in business with a plan for solvency. Chapter 7 is liquidation - company ceases to exists and sells off assets. Probably something you would want to know before investing in a company.
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roastbeef You probably want to stay away from, 'market plays' until you understand the basics. This is very basic data and I, for one, have no trouble admitting that I have lost money in my early 20's on, 'market plays'. Do some solid research, learn the basics, and develop a solid plan.
Good luck.