[GNC] Bankrupt stock
Jean-David Beyer
jeandavid8 at verizon.net
Wed Dec 30 00:40:51 EST 2020
On 12/30/20 12:10 AM, Cam Ellison wrote:
On 2020-12-29 14:18, smada46 wrote:
I have a stock that went bankrupt, i.e. zero value. I have tried
repeatedly to remove the stock by selling the shares at $0.00 per
share, but no matter what combination I use, it changes the cost or
amount so it does not remove the shares. For example, I put -2000
shares in and $0.00 in cost and zero under the sell column. After I
hit enter, the shares show 1980 not zero. How do I get rid of this
stock?
Why would you want to remove it? Use the Price database to set its
value to zero. The Portfolio reports will not include it unless you
specifically select it.
Regardless of their value, you still own those shares - and will
always own them. So you can't sell them - either in real life or in
GnuCash.
I had a stock that went bankrupt. My broker allowed me to sell it to
him for a pittance (a few cents for the lot). So I do not own those
shares anymore and no longer appear on my broker's web site or my
monthly statements.
--
.~. Jean-David Beyer
/V\ Shrewsbury, New Jersey
/( )\ Red Hat Enterprise Linux
^^-^^ up 1 day, 13 hours, 17 minutes
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