Grubb and Ellis Co. (fka GRBEQ)

[Sharktnk]

Looks like you're stuck paying the $30

https://www.tradeking.com/faq/worthlesssecurity

Etrade doesn't charge to do it, that's unfortunate (Edit: Looks like it's now $5.00).

Essentially you 'sell' them for .01 for the entire lot. You should however be able to write off the processing fee along with the loss under 'worthless securites' on your tax form.

http://taxation.lawyers.com/income-tax/Tax-Deduction-for-Worthless-Securities.html

Otherwise you can just leave them in your account to rot

[schmitty81]

What do we do with the shares? or how do we claim the loss.

Trade king wants to charge me 30 bucks to have GRBEQ taken off of my account.

[monda2frida]

10:04 GRBEQ Grubb & Ellis Company Common Stock 4/16/2013 Plan of Bankruptcy effective. Shares have been cancelled. Deletion time: 9:54:55

http://www.otcbb.com/asp/dailylist_detail.asp?d=04/16/2013&mkt_ctg=ALL

[niuyuer]

Any updates from court hearing?

Thanks.

[mick]

[Value_Investor]

Up 70% yesterday after the initial 10% down!

[Value_Investor]

10K-0.0018 x 20K-0.0032 now. It is backing to the recent high 0.004!

[Value_Investor]

Who dumped 205,157 shares at 0.0006 today? All time low 0.0003 again?

[Value_Investor]

Up 12.5% so far! 250K-0.0009 x 110K-0.0015 now. Super thin asks!

[Value_Investor]

20K-0.0011 x 110K-0.0015 and no any fill at the bid! "Bullish" sign!

[Value_Investor]

Thoses sellers can't even get the commission back to sell such small
amount of shares! Which is very stupid to do so unless no commission.

[mick]

Grubb & Ellis Co. (P (GRBEQ)
0.0008 ? -0.0004 (-33.33%)
Volume: 21,156 @ 11:28:41 AM ET

Bid Ask Day's Range
0.0008 0.0014 0.0008 - 0.0008

GRBEQ Detailed Quote Wiki

[Don]

Something is better than nothing...

[Value_Investor]

Totally 129,340 shares dumped at 0.0008 so far since yesterday! Why?

[Value_Investor]

LOL, someone dumped 1,156 shares at 0.0008 ($0.92 worth) so far!

[Value_Investor]

260K-0.0008 x 100K-0.0014 now. Someone manipulated the price down to
0.0008 by selling only 156 shares at the bid!

[Value_Investor]

0.0009 x 0.0012 now. Someones manipulated the price down to 0.0007 ~
0.0008 before!

[Value_Investor]

0.001 x 0.0014 now.

[Value_Investor]

All the cheap 0.0012s are gone now! 1M-0.0009 x 120K-0.0013 anyway!

[Value_Investor]

1M-0.0009 x 100K-0.0012 now. Up 33.33% so far!

[stlsmitty]

152 @ .0008 do the math

[Value_Investor]

30K-0.0012 x 50K-0.0015 now.

[Value_Investor]

Thanks! 60K-0.001 x 50K-0.0016 now. The MM NITE just manipulated the price down by selling only 6,500 shares before the market opening...

[Value_Investor]

Why anyone would sell you the shares which only worths 12 cents?

[stlsmitty]

I don't want to pay five bucks for a 12 cent trade.

[stlsmitty]

I believe they use NITE usually

[Value_Investor]

I see. Which MM does Interactive Brokers use?

[Value_Investor]

AON order won't be displayed! Try the regular buying order.

[stlsmitty]

Interactive Brokers

[stlsmitty]

I had it for 85K at .0009 AON, but it is cancelled now.

[Value_Investor]

What is your bidding size? Which brokerage firm you are using?

[stlsmitty]

It was, I am not the 152 share guy, LOL

[Value_Investor]

Your order size must be at or great than 10K shares in order to show!

[stlsmitty]

I have an order in at .0009 that isn't showing.

[Value_Investor]

1.249M shares at 0.0008!

[stlsmitty]

what do you show the bid at?

[Value_Investor]

GRBEQ should follow the rising trend soon! Thin asks from the Level2!

[stlsmitty]

The parent company is moving up nicely lately.

[Value_Investor]

1.24M-0.0008 x 260K-0.0017 now. The next ask is 200K-0.0039!

[Value_Investor]

40K-0.0013 x 40K-0.0015 now. Ready to hit the recent high 0.002 soon!

[mick]

Grubb & Ellis Co. (P (GRBEQ)
0.001 ? 0.0 (0.00%)
Volume: 0 @- ET

Bid Ask Day's Range
0.0008 0.0015 - - -

GRBEQ Detailed Quote Wiki

[Value_Investor]

999K-0.0008 x 40K-0.0015 now. The next ask is 0.0017!

[Value_Investor]

Only 40K shares ask below 0.0017 now! We should see 0.002 very soon!

[mick]

Grubb & Ellis Co. (P (GRBEQ)
0.001 ? -0.0001 (-9.09%)
Volume: 120,104 @ 2:55:06 PM ET

Bid Ask Day's Range
0.0007 0.0017 0.0007 - 0.0012

GRBEQ Detailed Quote Wiki

[Value_Investor]

160K-0.001 x 40K-0.0015 now.

[Value_Investor]

180K-0.001 x 40K-0.0015 now. Yesterday 110K shares slapped at 0.0014 ~ 0.0015!

[Value_Investor]

150K-0.0009 x 40K-0.0015 now. The next ask is 0.0017!

[Value_Investor]

Someone has kept manipulating the price down by selling a few shares
at the bid!

[mick]

looks like someone likes a traders dream here? Grubb & Ellis Co. (P (GRBEQ)
0.0008 ? -0.0003 (-27.27%)
Volume: 860 @ 11:51:33 AM ET

Bid Ask Day's Range
0.0008 0.0015 0.0007 - 0.0008

GRBEQ Detailed Quote Wiki

[Value_Investor]

300K-0.0008 x 410K-0.0017 now.