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A Chapter 11 bankruptcy, as opposed to a Chapter 7 bankruptcy, does not always result in the liquidation of stock, since the company ultimately emerges from bankruptcy after reorganizing its debt.

However, even in Chapter 11 bankruptcy, most stocks end up worthless.

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The company sells guns, hunting equipment, camping gear and other items for outdoor activities.Margin is the process of borrowing money from a firm to purchase stock or other securities.At the time of your initial purchase, you must meet the initial maintenance requirement of 50 percent equity, meaning if you buy ,000 in stock you must put up at least ,000 yourself.The company filed for bankruptcy in March, and announced at the time it would close 32 under-performing stores, including a location in south Charlotte.The company also said on its website that it was acquired by Camping World Holdings Inc. Gander Mountain said that means it will continue to be a part of the “specialty outdoor market,” though it did not detail how that would happen.

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