Tag Archives: portfolio zombies

CVRs Explained: The Weird Portfolio Zombies That Might Still Pay

By | April 14, 2026
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cvr contingent value rights zombies or hibernators?

If you missed it, this article is part of a short series on the odd debris that collects at the bottom of a brokerage account. Part 1 looked at the portfolio graveyard generally. This time, I want to focus on one of its strangest residents: The contingent value right, or CVR. Quick Answer: A CVR (contingent value right)… Read More »

The Graveyard at the Bottom of My Portfolio (Why “Worthless” Stocks Never Disappear)

By | April 14, 2026
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Brokerage account showing zero value worthless stocks and CUSIPs representing “zombie” investments

They Can Check Out Anytime They Want- But They Can Never Leave If you spend enough time investing in nanocaps, microcaps, pink sheets, and special situations, your portfolio develops something unexpected: A basement. Scroll far enough down your brokerage account and you’ll find it – a list of positions that: no longer trade no longer report and, according… Read More »