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Microcap & Penny Stocks : Tokyo Joe's Cafe / Anything goes

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To: Andrew H who wrote (5014)4/7/1998 4:51:00 PM
From: dan oreilly  Read Replies (1) of 34592
 
Andrew: I word of caution on the warrants. BEFORE anyone buys it would be WISE to check with your broker and see if the warrants are "blue skied" in their state. IF the warrants aren't called or they are being played as a flip the "blue sky" is NOT an issue. If anyone is buying for the longer term it is best to find out now the status rather than later.
I learned this lesson a couple years back the HARD way on some warrants that were not "blue skied" in my state. Just a word of caution for those looking into the warrants to add to their DD questions.
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