SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : ISCO-Illinois Superconductor
ISCO 0.1310.0%11:44 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ram Seetharaman who wrote (410)2/28/2000 9:52:00 PM
From: buckhead26  Read Replies (5) of 524
 
Question for those who know -

I have a position in SCON bought at 10. Small position but pleased with the results. Sold a little today to recoup my initial purchase. Bought some CDTS Thursday. Looking at ISCO, I see it is a BB stock. Never traded a BB stock. Here are my questions

1) Can these be bought and sold online through a broker. They are a step above 'pink sheet' stocks, right? I use Waterhouse and Datek. Stock quotes at Datek show 15/16 and 500 shares, makes no sense. They show zero activity on their streamer. Waterhouse shows stock as N/A. Etrade shows the correct value and traded quantity.

2) Margin is ruled out for BB stocks, right?

Appreciate any insight regarding BB stocks. I know they are riskier than Nasdaq SC and NM stocks and why I have avoided but I would only consider using a small amount of my stock cash to purchase, although I think I am too late for the run on ISCO.

I also was leery of the conversion terms on the loans, thanks for the clarifications. They should have set a threshold test for conversion in the loan terms - say convert at 50% of the share price on conversion date, but minimum of 25 cents or something. Not just a flat out quarter per share. Boy they must have been hardup for a dime at the time. What a change.

Thanks
Buck
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext