Quote:
Originally Posted by navysgolfer 
The special stock distribution says "The new shares will be distributed in certificate form only and bear a restrictive legend under Rule 144 of the Securities Act of 1933." Does that mean those shares can't be sold unless you get the legend removed?
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Squid they will have a maturity date that has to expire in order to sell. Most times its a year. Think of it like option shares from your company, you just got em, but can't play with em for so long. They can come out to be a real gold mine.If INAR hits a dollar in the short term, I'll buy em from ya!!
Its a great thing a company can do for stockholders. A forward split realy does nothing but increase the float. This was a gift and absolutly no reason for the company to do it. SYNJ is doing one oct15 or so. The price is slidding down around the .002 range. I'll be loading the boat @ .0018 and below, it usualy bounces real hard and fast at this level. I'm hopeing to flip it a few times for doubles till the dividend date.
And remember its gonna take some time for these to show up in your account. trade what you have in the AM if you want, you got the freebe already. I have a load of free shares here, some @.0045 and .0035, I'll be selling those off ASAP.I was looking for a nice spike today that never came. They call em pennies for a reason!