What happens if a stock gets delisted on TD Ameritrade?
Asked 5 years ago
Will I lose money I put into my investment if a stock gets delisted on TD Ameritrade? Can I still trade a delisted stock?
Andrew Moran
Thursday, August 05, 2021
No, you will not lose money if your stock gets delisted. Yes, you can continue trading the company's shares.
When a stock is delisted, shares are traded over-the-counter (OTC) or the pink sheets. This means that the stock is outside the conventional financial system.
That said, it is not a good sign if the security is delisted because it might signal insufficient market capitalization or imminent bankruptcy. It might be a wise idea to sell before you bleed any additional losses.
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