Here is a new Post at March 16, 2009 Stock Market Recap » Trader Mike.
March 16, 2009 Stock Market Recap. Posted on March 16th, 2009 in Stock Market. It was a tug-of-war today between the notably weak Nasdaq and large cap indices. I think that early strength in the financials had a lot to do with the …
Here is a Skewed response on similar topic:-
What happens to money I invested in the stockmarket if that company stops trading?
unfortunately, your shares are worthless. You can write off the cost of the shares on your tax return on a dollar-for-dollar basis against any gains you have. If you have a tax adviser, talk to him/her about it.
Shareholders are always the last group to get any $$
FYI, here is a list of recently published Posts on same topic:-
Investing in the Stockmarket is Gambling…or is it?
I though that might be of interest
Here is a Skewed news article on related topic:-
Citigroup’s Levkovich Says US Stock Market Rout May Be Over
By Eric Martin and Thomas R. Keene March 17 (Bloomberg) — The 17-month US stock market decline may be at or near an end after investors exhausted their …

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