News Focus
News Focus
Followers 62
Posts 7685
Boards Moderated 2
Alias Born 02/10/2010

Re: flaflyersfan post# 58694

Friday, 10/19/2012 12:01:43 AM

Friday, October 19, 2012 12:01:43 AM

Post# of 60939
The flaw in your point flaflyersfan,... is with your term 'used to hold the stock'.

I still hold stock in CLYW. It's just that the stock in CLYW (or more correctly termed the entity formerly known to trade under the symbol CLYW, - fka CLYW) is not sanctioned to trade in any SEC recognized market.

That's the difference you either haven't figured out for yourself, or that you chose to post mis-information about despite the fact you actually know this yourself.

I still hold stock in a company that currently finds itself in recievership. That company - whose affairs are being wound down by the Reciever - will eventually cease to exist. When the company ceases to exist - I assume its stock will be extinguished.

We ain't there yet though.

“The two most powerful warriors are patience and time.”
- Leo Nikolaevich Tolstoy

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today