Q: I keep an occasional eye on Twin Butte (TBE), now delisted, bankrupt, and a bad memory. There continues to be occasional OTC trades in this company.
The last time I asked about it you thought that they could be the closing of short positions, or speculators hoping to derive some value.
On July 8 100,000 shares were traded at $0.003. $300 may not be much in stock trade terms, but it would buy a lot of beer and pizza.
Who would pay $300 for shares in this company? Is there some residual value that may be languishing?
Maybe I should trade my last shares for a couple of slices.
The last time I asked about it you thought that they could be the closing of short positions, or speculators hoping to derive some value.
On July 8 100,000 shares were traded at $0.003. $300 may not be much in stock trade terms, but it would buy a lot of beer and pizza.
Who would pay $300 for shares in this company? Is there some residual value that may be languishing?
Maybe I should trade my last shares for a couple of slices.