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monocottura

01/14/15 12:04 PM

#29212 RE: Rollann #29211

Oh really? The truth is it happens all the time. Read your brokerage contract...you will find that brokerages have the right to sell your shares at any price if you don't pay fees owed to them. Happens quite often with penny investors that have lost most of their money. Sometimes it's someone that just wants out of what they consider a losing proposition; and with a zero bid stock, they can call their broker to sell for whatever they can get.