Alrighty folks, need a little help here.....
Have a couple of penny stocks that are all but worthless to me. I've heard of a term but cannot recall it, where you turn these over to your broker at no cost and can write off the whole thing. One of these would be, I hate to say it, RTEK. But have a couple of others that I would love to get rid of notably DVUI, FNTT and WORC. Only one that did anything for me was FNTT as all the shares I've got left there are technically free shares.
If some one can give me the term, I would appreciate it and could then use it when I talk to my broker!!!!
"I have not failed. I've just found 10,000 ways that won't work."
- Thomas Alva Edison (1847-1931)