RE: RE: RE: Response from RBC"This was all in response to Robbie25 talking (scaremongering actually) about not being able to claim a capital loss on the stocks as Oilexco does not meet the criteria for a zero value company and it may stop trading on the pinks."
The fact that you can get paper certificates has absolutely no relevance to if you can sell your oilexco stock for an arbitrary price.....they are two completely seperate issues.
As for "scaremongering".....I would find it hard to believe that anybody posting here anymore has any ulterioir motive....after all, if you haven't been scared by now, then you are quite obviously unscareable. I can't imagine Oilexco's situation getting any scarier then it currently is.
I don't think there are any pumpers or bashers left anymore...what would be the bashers agenda? To get the price lower so they can "back up the truck"? ....lol.
And even the densest pumper wouldn't even bother pumping this thing.....I would say the pickins' aren't exactly good.
The original point, that I'm not so sure you can just sell your stocks for an arbitrary price, is still a valid one. I can't imagine it is as simple as getting paper certificates and selling them to your neighbour.....after all, generally you or I cannot just go out and sell securities...you need to be licensed....
I'm sure there are other legal issues about it.....again, as I said, why would the gov't have so many rules and specifics about claiming tax losses (and there ARE a lot) if all of that could just be sidestepped by selling your stock to anyone you chose for whatever price you chose?