skip to content
  1. Home
  2. >
  3. Questions
  4. >
  5. XBC: I've still got my now worthless XBC shares in my trading account. [Xebec Adsorption Inc.]

Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: I've still got my now worthless XBC shares in my trading account. Seems its taking years to finalize the bankrupcy. Is there any benefit to leaving these shares or is it best to get rid of them and claim the loss? What do I ask the brokerage to do to get rid of these shares to produce the loss statement, since I can't sell them on the open market? Thx
Asked by Adam on October 23, 2024
5i Research Answer:
XBC's facilities have been sold and we think it is best to clear out the stock from accounts....
Sign up today for a free 14-day trial and continue your reading!

We invite you to sign up for a 14 day free trial of 5i Research!
Experience all the benefits and tools we have to offer; unbiased stocks research, model portfolios, Q&A with our experts, and so much more. Join a community of like-minded investors today!