Originally Posted by
waflyboy
If this is a serious question then....
It doesn't. A stock is an instrument of equity. A bond is an instrument of debt. Sometimes the term "penny-stock" is used to refer to a stock that is trading below a certain price. However, to be technically correct, this term would probably be a misnomer in the case of MAG.
For what it's worth, I'd much rather be holding Mesa bonds than stock right now! (But am glad to not have either.)
Thanks. It was a serious question. I guess to be more specific I mean that at a certain point, brokers have to get you to sign a document stating that they are not pushing the "penny stocks" on you. Your purchase is being made on your behalf. I was also thinking of all the shares of DAL that became worthless and then DAL reissued stock.
I think if I were to hold bonds it would be bonds for the "F". That's Ford moderators....Not the other "F" word.
