questions for all the stock market gurus

zippyt · 06-06-2006, 10:46 PM

I own ( thanks to Mom's death ) 1 share worth 1/16th of a dollar of a stock , I have the prety stock cert to prove it , I get a dividend check for about $.12-$.16 every quarter .
This stock cert probley cost $10-$15 at least to produce , sorta lopsided .
Also some where I have a Gubment check for like $.14 .
I kept it just for the Absurdity of it .

footfootfoot · 06-06-2006, 11:02 PM

Quote:

Originally Posted by zippyt

I own ( thanks to Mom's death ) 1 share worth 1/16th of a dollar of a stock , I have the prety stock cert to prove it , I get a dividend check for about $.12-$.16 every quarter .
This stock cert probley cost $10-$15 at least to produce , sorta lopsided .
Also some where I have a Gubment check for like $.14 .
I kept it just for the Absurdity of it .

Oh yeah, i got a pile of those too. I'll scan the funnier ones when I have time.

Just one look and I could have said "Dad, these guys saw you coming a mile away!"

xoxoxoBruce · 06-07-2006, 09:22 PM

PM Lookout123 and point out this thread.

lookout123 · 06-08-2006, 09:47 PM

1) mining stocks? many of them are likely worthless, but you never know until you do the leg work.

2) It is possible that some of these may have been sold already, but ONLY if he had gone through the horrendously difficult process of having a duplicate certificate created because he misplaced these. quite unlikely.

3) if you are not morally opposed to sales charges when you sell these, seek the help of a trusted broker. you can use your father's if you want, but I suggest you interview a couple that YOU would trust to do business with in the future. If he/she is worth their salt they will gladly help a potential client research all that is knowable about these holdings. IMO well worth the cost, but obviously I'm biased. Even if you don't plan on selling these, seek a broker who can eliminate the need for certificates and allow for pure electronic registration (Street name stock) huge huge huge help in eliminating record keeping problems.

xoxoxoBruce · 06-09-2006, 11:02 PM

Quote:

snip ~ seek a broker who can eliminate the need for certificates and allow for pure electronic registration (Street name stock) huge huge huge help in eliminating record keeping problems.

But then when the market crash comes you don't have any wall covering to keep the snow from blowing in through the cracks.

lookout123 · 06-10-2006, 12:04 AM

sure you do. i still have to send you statements each and every month to let you know that another of your companies went kaput and was delisted.

06-06-2006, 10:46 PM	#1
zippyt LONG LIVE KING ZIPPY! per Feetz Join Date: Mar 2003 Location: Arkansas Posts: 7,661	I own ( thanks to Mom's death ) 1 share worth 1/16th of a dollar of a stock , I have the prety stock cert to prove it , I get a dividend check for about $.12-$.16 every quarter . This stock cert probley cost $10-$15 at least to produce , sorta lopsided . Also some where I have a Gubment check for like $.14 . I kept it just for the Absurdity of it . __________________ "Success is getting what you want. Happiness is wanting what you get. " Brother Dave Gardner

06-07-2006, 09:22 PM	#3
xoxoxoBruce The future is unwritten Join Date: Oct 2002 Posts: 71,105	PM Lookout123 and point out this thread. __________________ The descent of man ~ Nixon, Friedman, Reagan, Trump.

06-08-2006, 09:47 PM	#4
lookout123 changed his status to single Join Date: Apr 2004 Location: Right behind you. No, the other side. Posts: 10,308	1) mining stocks? many of them are likely worthless, but you never know until you do the leg work. 2) It is possible that some of these may have been sold already, but ONLY if he had gone through the horrendously difficult process of having a duplicate certificate created because he misplaced these. quite unlikely. 3) if you are not morally opposed to sales charges when you sell these, seek the help of a trusted broker. you can use your father's if you want, but I suggest you interview a couple that YOU would trust to do business with in the future. If he/she is worth their salt they will gladly help a potential client research all that is knowable about these holdings. IMO well worth the cost, but obviously I'm biased. Even if you don't plan on selling these, seek a broker who can eliminate the need for certificates and allow for pure electronic registration (Street name stock) huge huge huge help in eliminating record keeping problems. __________________ Getting knocked down is no sin, it's not getting back up that's the sin

06-10-2006, 12:04 AM	#6
lookout123 changed his status to single Join Date: Apr 2004 Location: Right behind you. No, the other side. Posts: 10,308	sure you do. i still have to send you statements each and every month to let you know that another of your companies went kaput and was delisted. __________________ Getting knocked down is no sin, it's not getting back up that's the sin

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