Sanctuary Woods recent sale, should you own the stock? Message Board

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Microcap & Penny Stocks : Sanctuary Woods recent sale, should you own the stock?

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To: Bart Sampson who wrote (326)	12/31/1997 4:47:00 PM
From: Chris St Amour	Read Replies (1) of 341

Hi Bart! Looks like I made the final sell trade on SWMC at about 35 minutes before market close. Sold all my 5000...opps...250 shares at the market bid of 0.04 cents for a total $10 bucks. Shares were sold as "junk" and my broker waived their normal transaction charge. I told them to keep the $10 bucks. Normally I do not sell for tax lose but this seems only prudent. At lease it will wash out a lot of my capital gains for 1997. SWMC was a real disappointment for me but an excellent learning experience. Have a Happy New Year and a successful 1998! Regards, Chris...

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