Thermal Control Technologies Corp TCT (was Redux Energy) Message Board

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Gold/Mining/Energy : Thermal Control Technologies Corp TCT (was Redux Energy)

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To: John Gorham who wrote (984)	9/8/1999 9:26:00 PM
From: M. Merriam	of 1208

To me, the debentures are trading as though the stock will be suspended or delisted. It looks as though someone is suddenly wanting to get out at any price. At least, that way, they will be able to claim a tax loss. Not only does someone want out badly, but also, over the past few days, the bids on the debentures, paltry though they may have been, have all but disappeared. At the close of the day, the high bid was 1 cent on the dollar. Below that, the next highest bid is 2 hundredths of a cent on the dollar! The first four debenture trades of the day (at 10 cents on the dollar) were cancelled. I can only wonder why, although perhaps it's not so mysterious. Bottom line, I'm fully prepared for this stock to be suspended indefinitely, perhaps as early as first thing tomorrow. If so, it looks like I may never be able to unwind my position. Mike

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