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Alamo Energy Corp. Message Board

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  • clarkpetersen1944 clarkpetersen1944 Feb 8, 2012 8:48 PM Flag

    What's happening with the stock???

    Normally, a stock trading this quietly is delisted. But this stock can't be delisted. It's already bulletin board. A stock will always be buyable, depending on broker policies on low-priced stocks. The company has not declared bankruptcy, or at least I have not heard of such an event (yet). Therefore, the stock still exists, it's just that there is no trading interest. One of three things: 1) sell and get out, 2) wait until the company declares bankruptcy and lose all your capital (I doubt this because the company is close to break-even, or 3)wait until there is positive news and trading volume picks up (I think this the most likely probability).

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ALME
0.0038-0.0001(-1.81%)Feb 27 11:01 AMEST

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