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Implies stock in WCG/WCGR is now worth nothing. Please tell me that I am wrong....

Sorry to tell you, but you are 100% right. A bit of general BK knowledge for future reference: The stockholders are the last in line to get anything in a Ch. 11 filing, behind banks, bondholders, and other "secured" creditors. 99 times out of 100, what money there is to get is long gone before they make it down to the commoners (as their shortage of funds is generally the reason BK was filed in the first place). So as a general rule, if a company you have stock in files BK, you are now the proud owner of some very spiffy wallpaper and tinder for your barbecue grill.

Camille, beginning to look into corporate bonds as a new investment strategy...
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