Dear Dr Stock

From: maldonadosister Sunday, July 25, 2004 11:15 PM
What does it mean for a company as larg a Derversified corporate resources, to be delisted. Are the at risk of bankrupsy?

If a stock is delisted that means the NYSE, AMEX or NASDAQ did not feel the company met all the qualifications to be on their respective exchanges. For instance every company must have a certain net worth, a set amount of insiders holding the stock as well as stock price. Once a criteria is not met the company is sent a letter telling them they have " x " amount of days to correct it and if they don't then the exchange can delist them.

Wednesday, July 28, 2004 07:53 AM What happens if you tell your broker to sell all of your stocks. He doesn't sell them all and you loose alot of money. When you go into arbitration is there a chance of winning back some of the money?

You should definately go to arbitration. Plus look to see after some of the stocks were sold did the broker buy you other stocks. If he did then they were "churning" your account. This means buying and selling without your authorization just to make commissions.

From: shwhati Friday, July 16, 2004 03:40 PM
CAN U TELL ME HOW K_MART STOCK IS around $70.00, it driving me crazy, becaus
over a year ago i sold the the stock at $4.00. thank U

Answer:
If you had the " original " K-MART stock which traded on the NYSE under the symbol KM you were LUCKY to get $4. The company filed for bankruptcy and the stock KM went to ZERO!!! All the shareholders who were loyal over the years got nothing in return.
The stock you currently see at $70 is K-MART but trades on the NASDAQ and why anyone would buy this worthless piece of junk is beyond me. My feeling is that investors think they have no more debt and is essentially a new company but the same snakes are still involved.

From: Taryn Hodella
Sent: Wednesday, July 14, 2004 3:45 PM
My mother has a lot of stock certificates dating back to the 70's. I tried to see if they were on the stock exchange but with no luck. Perhaps these companies have been bought out by another company or has closed their doors. Is there a way to research these certificates to see if they have any value?
thanks for your assistance

answer:
I suggest you open an account with a local brokerage firm and deposit them. At that point the back office will locate the transfer agent to see if the companies still exist, were bought out, splits etc. In a few days to a week the account will have a dollar value or no value.
On the back of each certificate is a "CUSIP" number which is like a catalog number. This is how firms research the past history.

7/13/04: question:
What happens t ocommon stock when a company goes through chapter 11

answer:
If the company files chapter 11 the company has to pay their creditors, then the bond holders, preffered shareholders and finally the common shareholders hopefully get paid.
The common stock as was the case for K-MART went from the NYSE to the pink sheets and finally became worthless. The stock you see trading now was new stock issued and trades on the NASDAQ. Basically all the loyal shareholders got screwed.

7/13/04: question:
Can you buy stock directly from walmart

Answer: Go