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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: kollmhn who wrote (109274)9/13/2008 6:00:05 PM
From: Ed Ajootian  Read Replies (2) of 206223
 
Koll, I have sold off a bit of everything, but the penny stocks are so illiquid that I can't really sell much of those, so I still own most of what I had in those.

A stock such as BOGA going down to $.24 is a case in point, this makes no sense (unless they end up having to bankrupt because they can't come up with financing for the redemption of their senior notes, which would be totally absurd given the recent Third Point buy-in).

Thanks about the idea on utility preferreds, I'll check them out.
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