Replies to post #158211 on The Question and Answer Board (IHUB)

[Churak]

the company recently did a 1:150 reverse split to "enhance shareholder value" (sarcasm added)

13:22 2/13/2012 MINE Minerco Resources, Inc NEW Common Stock MINED Minerco Resources, Inc. New Common Stock 1-150 R/S **

You don't have to do anything...your broker will exchange every 150 old shares that you had for 1 brand spanking new one

[oldberkeley]

Pardo- Absolutely no offense meant, please don't take this the wrong way, just trying to help:

If you're asking questions like this then you should not be buying penny stocks like MINE (actually, IMHO, no one in their right mind should be buying any penny stocks, but that's another story.)

Read a few books on basic investing--many good ones out there--also many good sites to teach the basics of the market and buying stocks. A few of them allow you to practice with play money.

Start researching. Find a company with a real product or service. Follow it for awhile. Buy some shares when you think that it's at a good place on the chart. Be patient. Sell for a reasonable profit. Repeat the process.

Best of luck. -ob

[Paulie Cashews]

If you still insist on investing in penny stocks, your name will eventually be found here:



Click Here: Does your stock portfolio smell like the car-trunk in Goodfellas?