OT: 10 bagger: I was at several small OTC firms as a principal and/or founder. None of them big enough for name recognition. All of them out of business. We did small underwritings 500K to 5 million. The only company I was involved with taking public that still exists is EKCS, I did a small block for my customers. That is why I still own it for sentimental reasons.
The spreads that we paid commissions on to some of the rep's were outrageous and obscene. I mostly traded our own issues against the box. It was not my main job function, I just filled in for my partner when he was on vacation. I tried trading on my own for a short time and decided to retire to a saner business for the future.
I worked mostly at 111 or 120 Bdwy. Harry's was always fun for the DD meetings and those crummy little hot dogs.
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