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Tuesday, April 07, 2009 11:39:16 PM
What I meant is that I do not think Pinksheet stocks trade at less than .0001. Have you seen any do so. I guess you are right in the sense that BK will wipe me out, even the shares purchased at .0001. And if there are never any buyers bidding higher than .0001, then I cannot make any money and effectively lose money on any shares I bought above .0001. But if I were to sell everything bought at .0001, then I would lose $7.00 per trade commission.
I'm sorry that you are bitter about this stock, but if you made a slight profit, why are you so compelled to warn everyone about it? What is your motivation?
Anyway, good luck to you on other trades.
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