Microelectronics Technology Co. (fka MELY)

[Smilin_B]

Come on man

You know how this works during the last few days of the year. When Traders are liquidating losing positions to offset taxable gains, they place market orders to exit worthless shares. If there is a market maker willing to take it off your hands for a few cents worth, they will do it as a courtesy, as will your broker.

The upside to these individuals is that one day another company will take over the ticker symbol and these shares will actually be worth something. It's happened to me several times. At the end of the year I often place stink bids in to help the sick and suffering that need maximum tax losses. I have quite a few and I'm just waiting for another company to reverse merge into the ticker.

If you want to enter a stock thats about to make a move, check my latest posts