Bancorp International Group Inc (fka BCIT)

[camper9]

3bb - a little bit of a curiosity that your broker, Morgan-Keegan, only now wants to break your BCIT trades. I wonder if it has anything to do with this:

It’s been a long time coming, but the guys with guns and badges might soon be slapping handcuffs on some of Wall Street’s most destructive miscreants. According to a report posted over the weekend on The Wall Street Journal’s webpage, “Federal authorities are preparing insider-trading charges that could ensnare consultants, investment bankers, hedge-fund and mutual-fund traders and analysts across the nation…”... some of the network’s other major figures, such as James Chanos of Kynikos Associates, received advance copies, and traded ahead of bogus financial research produced by Morgan Keegan, a supposedly “independent” research shop that was, in fact, working for those same hedge funds.

I need to reitterate that I was not offered a "buy-back" strictly a bust or to retain the shares at $0. My position is still live in my account but value applied is $0, not .15. For 9 months or so, after trading was ceased the account valued the shares at .15, but since there was no trading it's was reduced to $0. Could there be a correlation w/the price of shares listed to when Megas was still filing financials even after the halt and when he stopped...possibly. I use a fullservice broker....Morgan Keegan.