I have shares of a company called Lecere. They were a small start up that was trying to use iPads as a portable point of sale for servers in restaurants. The company imploded when their main developer left. I still own the shares but they're all but worthless. Today the value went 900%!!!! That means they're worth nothing + $0.000009/share. Can I do anything with them? I can't even sell them because they're worth so little that I can't trade them without calling someone to place the order. That would cost far more than the stocks are worth.

---

**************************************
MacResource User Map: [www.zeemaps.com]#



Edited 1 time(s). Last edit at 11/28/2017 03:58PM by ztirffritz.

Do you do Secret Santa at your workplace?

Frame the shares and hang them on the wall as a reminder that not everything works the right way in life!

---

Disclaimer: This post is checked for correct spelling, punctuation, and grammar. Any attempts at humor are solely the responsibility of the author and bear no claim that any and all readers will approve or appreciate said attempt at humor.
My name is DP, and I approve this message.

Donate them to charity that you don't like?
Of course you will be on their mailing and call list forever…

Steve

They will stay in the "positions" portion of your account as a permanent reminder of your stock picking ineptness.

I got a couple of those taking up space as my personal stupidity as well!

At some point if the stock gets delisted, your brokerage firm may clear it out.

JPK

I keep one stock like that... as a reminder that "pump and dump" operations DO exist.
I got suckered by hype, put in (I think) $400, and the stock plummeted, reverse split, plummeted some more... Eventually the company got bought out, so I own 800 shares at .0035.
I keep it because, like you said, it would cost more to sell it than to just leave it sit where it is.

---

Paul F.
-----
A sword never kills anybody; it is a tool in the killer's hand. - Lucius Annaeus Seneca c. 5 BC - 65 AD
----
Good is the enemy of Excellent. Talent is not necessary for Excellence.
Persistence is necessary for Excellence. And Persistence is a Decision.
--

--

--
Eureka, CA

I've got many shares of worthless stock too. This is The True Story of How I bought them: a friend taught me how to buy online with a good company (it is), and even though I wanted to buy Apple, he convinced me to buy this penny stock at $.08 a share. It had gone to $.41 a year before. An acquaintance he called Lumpy (no kidding!) put him on to this stock. I bought, all the while wanting Apple. Here goes - IF I had bought Apple, I'd have over $30,000 now. With Lumpy's pick, I have $.00.

Ethyl stuck to her guns, bought Apple at same time. She's doing quite okay.

---

That old man - he don't think like no old man...
Now I wouldn't want to be within 400 - 500 yards of one of them nuclear bombs when it goes off! WW1 Vet Old Man
"He's pinned under an outcropping of rock. Lucky for him, the rock kept the dirt from burying him alive."
If idiots could fly, this place would be an airport. And I'd be a TSA agent.
A bonified member of The Mystic Knights of The Sea, George P. Stevens, President. Andy Brown, Treasurer, Algonquin J. Calhoun, Legal Consultant.

Any time you someone gives you a “hot” stock tip, its way too late. Invest on long-term promise, like Ethyl.

---

Where is there dignity unless there is also honesty? - Cicero

Be kind, for everyone you meet is fighting a battle you know nothing about. —Wendy Mass

Have you already taken the loss on your taxes? If not, you can do it now, or put it off until you have some profit to offset.

---

In tha 360. MRF User Map

Honestly, it was always a penny stock, so my 200 shares amounted to about maybe $10 of stock. I was just hoping that it would pop to about $2/share at some point. It was the first non-Apple stock that I purchased, so I didn't really know at all what I was doing. If someone were to say "you still don't know what you're doing" I'd have a hard time disputing that claim.

---

**************************************
MacResource User Map: [www.zeemaps.com]#

I have 250 shares of Blockbuster worth $0.0045/each taunting me each time I log into my Scottrade account.

.....take stock.....of your life....

---

_____________________________________

I reject your reality and substitute my own!

eat them.

Most of mine have disappeared. They were from my brief stint with casual day-trading during the internet bubble.

I made some decent returns trading Egghead until they went bankrupt. I had a bunch of shares that were worthless, but they eventually went away. I still have one share of a company called Mediabay (MBAY). I apparently paid $157 for it. I guess it just reverse split until it hit one share.

Before I had my coffee, I read "old socks", while scanning subjects.

....can you use them to stuff in a bra.....or down one's pants....??

---

_____________________________________

I reject your reality and substitute my own!

I like the Secret Santa idea...

---

**************************************
MacResource User Map: [www.zeemaps.com]#

Remember to remove prisoner first before discarding.

Quote
Buck
Before I had my coffee, I read "old socks", while scanning subjects.

I stuff mine with catnip, a delightful treat for my cat lads...

...Oh, you wrote stocks...

---

=wr=