iTokk, Inc. (IKTO)

[fyrace]

I didn't see the R/S Friday and they changed the symbol to IKTOD. That means while the company dumps away on Monday (or anyone else who can) you can't sell to salvage your remaining investment until your new symbol and shares hit your account (ETRADE for me). You sit by and watch your cash fly away and there is nothing you can do about it.

R/S means investment loss for your 1040. The only company I have ever heard of a R/S benefiting it was Overstock many moons ago. Otherwise, take this as a lesson and move on.