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Strategies & Market Trends : Value Investing

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To: Wink who wrote (3351)	2/26/1998 4:42:00 PM
From: Glenn W	Read Replies (3) of 78484

*** OFF SUBJECT!! *** Please excuse this off-subject question, to anyone who can help, but I have a serious quandry. Quite a while back I bought what I think was a "pump-and-dump" stock - RTEK (Rubber Technology) for an average cost of 0.35/share. It tanked. It has been trading at around 0.02 and 0.03. I wrote it off a a total loss. Then, when I tried to view the stock through Yahoo!, it told me the symbol had been changed to RTEKD. I thought this was probably bad news - probably something like "RTEK- Disenfranchised" or like. Then today, this new stock (RTEKD) closed at $1.00 (according to Yahoo!) for a 4900% increase!! According to the Quicken quote here on SI, there is still an RTEK (at 0.02) and an RTEKD (Rubber Technology NEW) trading at $1.00. Can anybody help me sort this out? $1.00/share seems way too good to be true, and I would sell in a heartbeat. But I don't know what to make of this. Any help would be greatly appreciated, and I apologize for interrupting your thread... Glenn

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