"I'm expecting a R/S from BKMP, FFGO and hopefully NOT from CNES ..."
Nuts. One down and 2 to go. Cnes reversed me down to under 200 shares from almost a million. PPS was at .0001 forever then the new issue rose to .20 on 11-11-08. It already back down to .07 EOD. The last few years I've had trouble justifying throwing money back into a new r/s'd security, but that is a weak mental thing on my part because I know there's money to be made if you can catch the quick rise and fall of a shell penny stock. My real roadblock though is the broker account I have. Non managed, non margin - cash. Which means street shares mostly and having to wait a few days till the stock gets settled in my account so I can trade. This has almost always resulted in not having the chance to sell whats settled and only leaves me to use fresh cash If I want to buy back in. Sheesh
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