What happen to my shares of stock? I owned 10,000 shares of XRYM.OB, presently I individual hold 3 shares of TWCI.PK?
A few years ago, I bought 10,000 shares of XRYM.ob (a) 10 cents per share ($1000 investment). Well, it tanked to 0.0005 per share. Now when I check my picture, it say XRYM.ob have be changed to TWCI.pk, and I lone hold 3 shares of this stock (a) $1.01/share. I can't find any information on this company. Can someone explain to me what happen?
Answers:
You own presently literary the strong track almost the danger of investing in cheap or penny stocks. They frequently progress out of business or are taken over by other companies.
In your grip it looks similar to your productive stock be probably sold to another company. If your info are correct you received more or less 1 share of the company for a respectively 3, 333 shares of the behind the times company. Usually within this type of transaction fractional shares are involved.
You can find out some information just about the unmarked company by copying and pasting the following into your browser:
http://search.yahoo.com/search?search=tw...
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Answers:
You own presently literary the strong track almost the danger of investing in cheap or penny stocks. They frequently progress out of business or are taken over by other companies.
In your grip it looks similar to your productive stock be probably sold to another company. If your info are correct you received more or less 1 share of the company for a respectively 3, 333 shares of the behind the times company. Usually within this type of transaction fractional shares are involved.
You can find out some information just about the unmarked company by copying and pasting the following into your browser:
http://search.yahoo.com/search?search=tw...
I am sorry to be the bearer of bleak word but I muse that you know it anyway.
The Organized Crime from New Jersey stole your money.
Back in the morning they used to market sham lotery tickets.
Today they put up for sale computer-generated stocks.
For more detailed information in the region of this you can buy the entire six season of "The Sopranos" on DVD and monitor them from the tremendously dawn to the completion.
WHY WHY WHY WHY?
Get out of that pink sheet litter stock NOW and become a genuine investor.