<I hope u didnt go in over your head.>
Never!
And all these pennies, are really just fun and games for me. If one tanks completely, big deal, shuffle the cards, deal again, and play another hand. But if you are careful, and do some good DD, you can decrease your chances of losing. I really don't care how long this one is held, gives me a chance to play elsewhere.
< A high flyer like RRN puts
$$$ in thier pockets to halt it this long for no reason is foolish.>
High flyer???? Wow, what would you call a $100 stock, or how about a $35,000 stock. A .41 stock is a high flyer to you?
You're showing your ignorance again. Just call the ASE if you don't believe this thread, or learn about RTO's. When a company changes direction completely, ie. from mining to safety products, the ASE classes it a Reverse Take Over, whether RRN is taking over SEE, or SEE is taking over RRN, or neither, just RRN changing focus. There are procedures that must be met. The ASE wants certain things from RRN and they are getting them. I believe that it is down to one last item, probably something like increasing the working capital, but I am not sure on that, and then it will trade again.
As to how the ASE makes $$ on each trade I am in the dark. Ask the ASE, ask your broker. |
