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sometimes the hammer doesn't fall.
the sec just leaves it as is.....in
the gray sheets.
Looks like the SEC is still getting its ducks in a row and has extended most if not all tentative revocations like GFOX until August 22nd now.
Its another month of painful matched trading for GFOX before the hammer falls.
I doubt it. A grey stock I own was slated to be revoked many months ago and yet it still trades so odds are GFOX will probably be around a little longer.
Is Monday the final end to this nightmare
"Grey fox stiffed graffiti junction."
Yep, them and all the shareholders, too.
"Peters didn’t contest the case, saying that he would, in turn, go after the franchisee, a group called Grey Fox Holdings.
But Peters said he failed to track down Grey Fox Holdings CEO Daniel Sobolewski, leaving him to pay the judgment. Sobolewski, when reached by the Orlando Sentinel in February, said Peters was responsible for the lease and that he had left the state."
I wonder whatever happened with that lawsuit Sobolewski claimed he was going to file against the Orlando Sentinel? I guess it went out the window along with that dividend. lol.
Did they ever pay that dividend that they were going to hang the shorts with? Rotflmao
Grey fox stiffed graffiti junction
http://www.orlandosentinel.com/business/consumer/os-bz-graffiti-junktion-lawsuit-winter-springs-20180618-story.html
That's kinda what I figured...
Still amazed my shares sold @ .0001 ...
It was up 10,000 percent. It had closed the day before at 0.000001. The next trade was at 0.0001.
But it makes no difference.
It said it was up 10,000 percent...must have been done weird error.haha
what can you not believe?
Which eye btw, left or right?
cause this POS is DONE. HISTORY.
bye bye GFOX...
they have until 7/23/18 to come up with another lie to try to stay alive but you, me and many others know, IT AIN'T GONNA HAPPEN...
TAX WRITE-OFF for 2018 buddy...
About what? This thing is toast
I'm sorry I'm not believing my eyes ...
Welcome to the stinky pinky,my friend.
I just hope that 2000 share trade this afternoon wasn't his order.
I know. That trade equates to approx. 2/10's of a penny. LOL. And they say every trade down here is a matched trade. Yeah rght. lol!
Someone sold 2000 shares at $0.000001 LMAO!!!!
I told him--Todays small activity is first trading of the week as far as I know
Tell him his patience will be tested. I've had a sell order in for over 6 months on that other turd of a stock with hardly any luck.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=137818966
These grey stocks are in a world of their own. GL.
He has had a sell order in since the open yesterday No takers
IMO, you are correct. Something is better than nothing.
In all my years of following these penny turds I can't recall many stocks ever getting off of the grey market. BEAC, now known as FTNW, comes to mind, but that came at a heavy price... many reverse splits over the years.
Here are some of the questions the SEC asked of FTNW before they were re-registered.
https://www.sec.gov/Archives/edgar/data/1122063/000000000015020964/filename1.pdf
IMO, the odds of GFOX returning to the OTC Pink tier is probably 20,000-1.
GLTA.
This is the way I look at it.
They already got suspended n moved to the grey market, right? Right!!!
At the court hearing it got delayed until July 23 from getting revoked, right? Right!!!
Obviously, the courts are giving them a second chance to do something different, wether they can or not but only have until July 23, right? Right!!!
I see where ur friend is coming from because I am also holding mine UNTIL they get FULLY REVOKED.
Why do u ask? Because if and only IF, they are able to do something to turn this thing around, I will get whatever I invested in this "moneywise" and probably a little more.
Don't get wrong, the chances of them getting this thing back up are SLIM to NONE but there is always a chance they could do it.
Now, idk how much ur friend invested in this but me, I can care less as this is STINKY PINKYLAND. There are very high risks in these stocks all the time.
Me, I have millions of their shares but all in all, I only invested around $2k buying at 1s n 2s. To me, that's chump change and as of now, I've lost about 90% value to it. So I've already considered this to be a total loss and if it finally gets revoked, I only lose that extra 10%, which then I will use it as a FULL TAX WRITE OFF...
All these other people that are selling, they are selling because they are scared. Me, I don't give a hoot...
But if they are able to turn it around and get back in the game which is Highly unlikely, but definitely Possible, then I already have my front row tickets and eating my popcorn waiting for the show to start...
Hooe ur friend makes the right decission.
Freak'n'Rican out...
You are very correct...Except for the fact the stock is already worthless. He likely can't even sell out even if he wanted to.
I have a question for a friend of mine
I have been out of this junk for some time but my friend keeps hanging on
I keep telling him to get out now while maybe he can get something--before it goes worthless--He thinks the news about something being delayed to July 23d is good news--I keep telling him that all that does is delays the inevitable--Am I correct?
TD Ameritrade is a broker not a market maker. Brokers move stocks based upon commissions whereas MMs move stocks solely for profit taking. Some brokers are also marker makers so be careful with those.
I was under the impression retail traders can't buy anything under .0001.
They can't enter limit orders below 0.0001. That doesn't mean they won't get filled there if they enter a market order. Most of the time, it's their market sells that get filled, but sometimes they get lucky.
Hi Blackheath,
I know how you feel, these penny turds can really get the blood boiling.
ps...I got your PM. Unfortunately, I'm still using their basic service.
Exactly, most brokerage houses won't except orders on line from retail investors in the 6 digits (TDAmeritrade will automatically kick out any buy order below .0001.) So does that mean with the help of a broker, a retail investor can still buy shares under .0001?
(Most) brokers will not accept orders from retail in the 6 digits. But that doesn't mean they won't complete trades at that price, or that retail orders will not receive a price in the 6 digits. It does happen.
I contacted my broker (TDAmeritrade) after months of watching other people's orders get filled. I asked them why is it my order is not being filled, they told me they could sell it for me, but there was no guarantee on the price. My question is, how come I have a better chance of selling my shares with the help of a broker, if there are supposedly no MM's involved?
I stand corrected--I knew that--just wasn't thinking clearly because I am so pissed
All SEC administrative proceedings pending before ALJs have been stayed until at least July 23, 2018.
This is nuts!! The other day this thing went to 0.00001 on 10,000 shares--then it came back to 0.0001
Now we get no movement on 43,000,000??
Whos is kidding who here--The MM should be investigated
43,000,000+ so far today... just sayin'... wild wacky stuff... peace
Whoah my shares sold today, I'm shocked
No idea to be honest, my remaining 3M sold today. $12k tax write off haha
Just a real twitter account that fights with people on it
Lost a lot on this one, huge scam, even worse people running the company...if it is a real company which I don’t believe it is.
People are still buying this one?? Lol
Who bought the 9M? The MM?
I got lucky, 9M of my 12M sold. I was in on the technicals and the hype. I didn't believe any of the nonsense, but I still got burnt.
I don't agree with the halting of stocks, it's screwed me over numerous times over the years but it's the cost of doing business I guess.
RIP GFOX.
At least there is some volume. But yeah, I think I am stuck for now.
Yep, I know how you feel. I've been trying to sell a different turd(TALK) for over 6 months now and still have had no luck. These grey stocks are the purgatory of the stock world.
Good luck DMC73.
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