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I've been trying to dump my shares and have managed to get a few bucks but I pulled them off in a last grasp attempt to get some money back. Not holding my breath but I guess I'm not losing much if it doesn't pan out
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The Jist
Chatter #134
23:00
Maybe only some Moron's buying because their overseas broker allows them to buy grey's. At least half of the volume will be them. Imo
Looks to me like someone fat fingered a buy order.
What activity?
Thats a good sign.
Over 150 mil shares traded today.
Naw, don't work for the SEC. Just sad that this fell apart after the CEO pumped it himself and then just snuck out the back door. I do think one day he will sell the shell or restart it as something else. That is all I can hold out for I guess. Don't need any more losses to write off. I will look at that other stock.
Nice post, you never know until someone files the paperwork, and now on this one goes into my HOLD drawer. You never know if this phoenix will rise, just need someone who wants a shell company and the owners who want to sell it, and bring back on the market.
Sincerely,
TAZ
CH.. do you work for the $EC???
Again, long time bag holder.. but I also have held on to a few other "no bids" that have come back to life.. one in particular that could be a 'heavy weight' (as most hit with pillows).
Seems clear this was a P&D, but it just takes one swing of the bat to hit a HR that might turn an entire season around. Unlike this dogSh1t, the others have CEO's that FINALLY seem to be efforting on behalf of shareholders. I don't believe in doubling down - as I've tried to catch 'falling knives' before... almost never a positive outcome.
THAT SAID.. to any longs (that have cash reserves).. I don't think the much speculated R/M with CC's logistics company is going to happen any time soon. If you want to find 'a possible' way to profits... look at pv sp. It also went to n/b. And I held it for years.. just like this sh1t. Do your own DD. It was N/B in Nov. just like this. BUT, they just went current this week(with active leadership - vs. axcg's looooong silent @ssh@ts). And the speculation is that it's a 'shrum play' with deals in hand. Again, do you own dd.
All IMO,
Da Dog
Still stunned this happened. It was a long dead shell. Why on earth did it even trade? It was a carefully planned pump and dump. Only reason to buy was it was going to R/M with some other company. (NOT) Those that bought millions of worthless shares were able to hype it up and dump their shares and walk away with a bundle. (They had been at it for months before.)
There was never a R/M on the books.
There would have been a massive R/S it that R/M were even true.
So.... why buy other than to try to flip it. (That is worth the risk I guess if you are very quick and on top of it.)
Sigh, now back to waiting once again to see if it actually does arise one day as some new company and try to get back the money that has been stuck now for years. I could have sold out on the rise I guess and have taken the loss finally, but will never know now.
Are shares trading now being used to fill shorts? Why so much volume. 50 mil and counting?
Damn you guys...sorry about your luck here...probably was a shock for this to happen during all the action....kind of shocked me when I seen it.
No it isn't or the L2 wouldn't be blank with N/A at the bid and ask.
Most are restricted from trading. I’m surprised at volume. Considering.
How many of y'all are able to dump this turd?
Quite a bit of volume yesterday, considering.
Yeah, it's a CE. I can sell on E-trade but not buy. I guess being able to sell doesn't help if no one can buy. At least e-trade let me put in a order to sell.
I can’t through fidelity
At leases we are able to trade it again.
Carey tried with the gander music co. I thought for sure he’d make a run with this ticker and his new co.
I’m surprised there is actual volume. I guess we just have to wait - again.
ya, I already said my sorries for pumping a delinquent ticker like AXCG...and I haven't since then...
Well let’s see what happens since we all lost money!!!!!
Ouch!!! Down to .0001 and can be sold. Could be dead. forever.
Looks like it’s trading again, can’t sell unless I call it in. I’ll wait and see if it gets up to .0003 or .0004 like some of the other delisted zonbies
Any idea when these suspended stocks will start trading? Wasn't it supposed to be from today?
dealerschool2006 Tuesday, 02/23/21 10:56:23 AM
Re: INVESTOR 1384 post# 61856 0
Post # of 61945
AXCG just swinging sideways...looking for a major POP!!!
ya thanx, let's see what happens when $AXCG is allowed to run in grey market...EXCELLENT DD for a delinquent company!!!
I am most certain we will see AXCG back in the trips Friday...the company was dead to begin with, this was nail in coffin...
So will this go back live 10 days from the suspension date or it is gone for good?
ya well...$AXCG go suspended for some reason...FAILURE TO FILE!!! I should have learned my lesson with these delinquent pinkies...all these kids searching for trip pinkies but not understanding who SEC is...and I let my guard down...
Ten trading days after suspension. On grey market
Any news on this??? Will it be trading again??
OTC says suspended?
This stock was suspended its back now
What's that???
TIA
TAZ
I already said my apologies...but avging down works well with quality companies...$AXCG NOT!!!
YOUR POST.
dealerschool2006 Saturday, 02/20/21 06:33:33 PM
Re: INVESTOR 1384 post# 61847 0
Post # of 61931
IIt would be better to BUY MORE AXCG!!!
I am at a loss why anyone actually bought this. The company closed up years ago and I have been a stuck holder for years. A year ago, a careful pattern of buying of this dead stock emerged. I always wondered why. Now I see why. The rumors of a R/M were part of the scam from what I can see. (Only hope I have of ever getting out of it.) It was well done and crooked to the bone. I was not able to get to a level that I could have bailed from it to at least get most of my money back. Now I have to sit back and just see what happens.
the companies that are listed on OTC that aren't filing in a timely manner should be a sign that the company doesn't exist anymore...difficult to pint fingers who are running a scam...the company doesn't pump itself so that's not the root of the scam...AXCG was the topic of many social media outlets and somebody must have called SEC and made a complaint...I doubt SEC did it all on their own, but maybe they did because of the new rule for timely reporting...its not hard to write a loss like this off, just put in buy cost and sale cost, selling will be easy, just sell, if not call broker to make the sale, normally they wave trading fee because trading online was available...
It’s most likely gone for good. It will go to the gray market after 2 weeks I think and you can try to sell it but doubt you get any buyers wanting it. I would consult a tax attorney on the various ways to write off a total loss on scam stock.
The OTC Pink is the last place you want to put money unless you can watch it like a hawk and by all that is holy don’t leave money in for a long time. 99.99% are scams being run by outside groups who have planned what stock to target and load cheap (usually .0001) and when they will dump it.
Unfortunately for you the SEC did a big sweep and finally pulled the plug on several. Still a lot out there to be shutdown and you can make money riding the wave but it’s extremely risky especially if you are not in the group running the scam.
So is this lost for good? Any chance it will come back? How do declare a loss if you can't sell?
Unfortunately there isn’t anything you can do but learn the lesson. 99.5% of the OTC is scammers. It’s high risk gambling and you never hold shares long and take small profits immediately.
I am lost for words!!!! I work almost 70 hours a week so I do not have the proper time to do proper dd!!!! It sucks!!!!! I am learning the hard way and I feel sorry for all of us hard working people who get screwed out of our money!!!! If anyone can let me know! How can we sue? That would be great!!!!! It’s time we take scum bags like this down!!!!!!!!!
Yea right EVERYONE knows the truth.
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