Signature Devices Inc. (SDVI)

[fear ceoil]

Not much of a blessing,


if you can't trade it.

I brought the Zecco issue up a few weeks ago. It has now become a bit of curse for tieing up capital at a premium of $200-$700 per trade (even for exiting the position).

Why is this important?

Because investors don't choose high risk stocks that have the additional risk of their broker DTC delisting the stock. One can do all the cheerleading they want, but no one touches certificate-only traded stocks.

If one is with a broker who allows electronic trading of SDVI, I bet your a happy clam, but try convincing those who haven't bought SDVI. Explain to them why your broker would never, ever DTC delist SDVI, while some other broker has already.

I can bet that this "insignificant" Zecco issue is keeping a lot of people from jumping in on the good news. I know even with a different broker, I wouldn't touch SDVI until the DTC ineligibility was explained as a self-contained issue with Zecco only which other brokers don't care about.

IMO

Best to all.