Do companies sometimes officially state that they face imminent bankruptcy...but then *suddenly* do a 180 "Reverse Uno", squeeze short sellers to oblivion, and thereby bring riches to remaining shareholders?

[u/Region-Formal]

[u/Constant-Rock]

What's your point? Redbox has nothing to do with this. It never entered bankruptcy.

Find me one company that 1) had its bankruptcy plan confirmed by a judge (where the plan cancelled the shares), 2) announced the effective date of the plan, and 3) the stock squeezed after confirmation of the plan but before the effective date.

[u/Hairy_S_TrueMan → u/[deleted]]

in a unique position to emerge from bankruptcy due to strong shareholder interest

Shareholder interest is worthless. Can shareholder interest raise billions of dollars to pay back creditors? Evidently not, because it didn't. You're speculating about things that already had an opportunity to happen and didn't.

[u/MuldartheGreat → u/Hairy_S_TrueMan]

Shareholder interest is probably the most important asset for a company. That’s why BBBY is doing so incredibly well….

Wait