# Should You Buy Stock in a Company That Is In Chapter 11?
**URL:** https://boards.straightdope.com/t/should-you-buy-stock-in-a-company-that-is-in-chapter-11/56571
**Category:** Factual Questions
**Created:** [March 3, 2001, 12:52am UTC](https://boards.straightdope.com/t/should-you-buy-stock-in-a-company-that-is-in-chapter-11/56571 "2001-03-03T00:52:41Z")
**Posts on this page:** 2
**Page:** 1
### Author:  [@JohnW77707](https://boards.straightdope.com/u/JohnW77707)
#### Post date: [March 3, 2001, 12:52am UTC](https://boards.straightdope.com/t/should-you-buy-stock-in-a-company-that-is-in-chapter-11/56571/1 "2001-03-03T00:52:41Z")
A friend of mine at work who thinks (incorrectly) that I am the stock guru asked me. Of course, I understand the basics, i.e. if the bankruptcy goes bad you get completely wiped out but there is a chance that you can make it through the rain. Examples of this would be Continental Airlines and perhaps Johns-Manville. Can someone either share personal examples of Chapter 11 “Big-Time” companies (not fly-by-nighters) that either did or did not pay off for those who invested? Or direct me to a helpful website with case histories?
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### Author:  [@Fyodor](https://boards.straightdope.com/u/Fyodor)
#### Post date: [March 3, 2001, 2:21am UTC](https://boards.straightdope.com/t/should-you-buy-stock-in-a-company-that-is-in-chapter-11/56571/2 "2001-03-03T02:21:27Z")
Hurricane Hydrocarbons Ltd., I think it dropped off the NASDAQ in 1999 but should be coming back on soon, and was in “chapter 11” - under court protection for bankruptcy. ($Cdn) Its shares were as low as 0.35, I had $5000 worth for a little while at $0.45 but I sold at $0.50, its gone as high as $11.40 recently. It’s kind of a unique company, an oil company in central Asia.