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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services

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To: Freddie Forte who wrote (14284)4/29/1998 11:10:00 AM
From: TraderGreg   of 27968
 
what if conditions change and you need to unload a position quickly. 3 minutes may be the kiss of death with BB stocks, let alone 3 days.

Freddie--Holding your shares in cert form doesn't keep you from selling them. Assuming your broker is half way reasonable, you call them up and sell your shares and fed ex the certs. What's this 3 day stuff?

BTW, I verified this with my broker. Believe me, they will gladly allow you to do this because when they mail you the certs they assume you have left them. It's their way of salvaging the account.

TG
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