The smarter I get, the dumber I realize I must be (I understood that).
A couple of questions:
Re: Requesting physical delivery of shares
I asked my broker (Quick & Reilly) about this. He said this was no problem,
all he had to do was fill out some form and send it in. On the downside, as
as "per strandberg" mentioned a few posts back, he confirmed that this process
might take 3-4 weeks. Plus, "instant" liquidity is lost, as when I'm ready to
sell, I've got to get the certificate back to broker, fill out more papers, etc.
My question: Is this really worth the trouble? If "Yes", one phone call handles
all. However, as also alluded to by per, will it even matter by then?
Also, last time I checked, today's volume was at 306K.
With a LOW of $.14 & BID from $.10-$.12, doesn't this mean that all 306K
have been BUYS?
If so, couldn't somebody (whoever's selling these shares) make a lot more $
by raising the ASK price?
If I had 10 popsicles left on my popsicle truck (which may well be my next job
as I just averaged down for the 5th - and last - time), and 50 kids were
standing in line to buy a popsicle, IMHO, the price of popsicles would go up.
What am I missing?
Last question: How do we know if we hit helium? When the drill crew's
voices rise 4-5 octaves? (Told you I was dumb).
Good luck all,
David |
