I went to bed last night with a large position in $WRES and woke up this morning with it showing a value of $0.00 and the symbol has changed to WRESQ. This is on Robinhood account and I am not sure what to do since they don't usually trade OTC stocks. Is it really gone?
Posted Jun 08, 16 9:37 AMbyRollingball
Tickers
WRES
Q = Bankruptcy - Looks like it's trading around $0.05 now... hopefully it keeps going up so you're not out the entire position.
@Dan1322 So I heard. They now show the stock price and my account value. What a way to make someone panick though! I also have an account with E-Trade, but I amm limited to a cash basis right now.
@hunterhardy220 Thanks.So I guess if I see news of bankruptcy, I should stay away from it?
@Rollingball I would. I'm still learning the basics of trading but any stock with Q at the end just seems riskier than normal. Good luck with your trading!
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