So a little back story i bought Bonanza Creek Energy (BCEI) in Jan. amid rumors they were going to be bought out. Turns out the company decided to go in a different direction. Over time i decided to buy more to bring down my cost basis at a more manageable point so i could just cut my losses and get out. That point also never came. Recently Bonanza Creek emerged from chapter 11 bankruptcy and the second they did they did a 1;111 reverse split however i was left with 126 shares that were not converted. The confusion comes when i am unable to sell either stock the 13 shares i was left with after the 111 split or the 126 that did not convert. Can some help me make a bit of sense of this. Also ME seems to be showing two different values for my priced investments one at the 5k as seen in the pics and one of the 500 something. I have put over $2k into this stick (5 months salary as i only work part time) i was going to get out months ago but a friend i have who is more educated in the world of stocks told me to stick with it so i did. Here is the pics for slight reference if any more information is needed feel free to ask in comments or pm me any help is greatly appreciated http://ift.tt/2pojWR2
Edit: this is a cross post from Investing_Discussion
Submitted May 01, 2017 at 01:39PM by jcool4646 http://ift.tt/2pobxgE
