Replies to post #110393 on Mike The Pike Productions Inc (MIKP)

[maronti1]

Yes do not do that
Once I ended up with a 10% stake in a company,and Fidelity did not let me sell any shares,even after I did file a form showing that I owned 10%.
Took months of me keeping calling and finally 6 months later,they decided that I could start selling,but by that time the PPS once over 3c they came down below 1c.
Was a costly mistake!
Mikp

[imiloa]

fair enough.
i def grok risk and money mgmt.

fwiw, i still have ~60m MIKP,
most of which are "free" residual shares
from flipping it over a decade ago.

the rest bought last summer in the 0005-0009 range
on the theory that mark would finally get his ducks in a row,
before the RS news tanked us to 0002-0004 range.

so my cost basis is no longer zero
as it was prior to this summer.

and i'm not keen to add any
unless mark posts great credible news of production
without diluting us to oblivion again.

both those criteria remain to be seen.
and i was more confident in the latter
prior to the 5x bump in AS/OS ratio.