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Is this just a shell? Thanks!!!
PS: I figure you'd be THE person to ask.....
Come on...please come back to life......
It's not like i have not said it before.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=101702091
It's not coming off the Grey market..stocks don't get to leave once they go Grey
You can still sell....last week would have been better, but there are buyers.
So, now I'm stock with this stock until it comes off Grey Market (if it ever does)???
why is this not trading on the grey market after suspension? or is it?
i called scottrade at 9 am put sell order in at .45 i bought in at .73 it filled and i feel fortunate i didn,t lose it all. My guess is this settles in the teens before it goes up or turns to dust. Statler can rot in hell
hope he got it on video, gonna win that macbook
I'm waiting to cover. I would've sold at .20 but .35-.40 is ridiculous for a p&d.
5? I would say more like 100 to 1... but miracles do happen! I have no shares and no plans on buying. I thought this would be at .05 today
for every one that went up, I can name you 5 that drifted away to oblivion
lol I got .0001's on cbgi last week after suspension cuz some dummies put in market orders, so miracles do happen
I am rather impressed with this today... I suspect we see much lower tomorrow but who knows, anyone remember MDDD after suspension?
Misprint
"Yeah it's a bad print i see the broker already replacing the .0037 $PGFY print with .37 print. Too good to be true even in GREY SHEETS! :("
A guy on twitter bought those .0037s 5k of them
I wonder why such an abrupt plummet to nothing?
Could this be like MDDD after the halt? VHAT VHAT??
Sold 5600 @ .35 Thank you Jesus : )
Short Squeeze will be in Play Today I Hope, I am Holding a lot of Shares of this Stock : (
lotsa promo shares to be dumped this morning
And trading resumes tomorrow. In the grey market. Yup, that just about sums it up. LOL
at first I thought you meant me but then I realized you were referring to the evil genius himself.
He didn't say 8-K, he said k-8, sort of similar, you file it hanging upside down......
should collapse to .10 Thur morning
Right on. They destroy all of the equity in the interest of protecting investors. HUH ?
govt doing what they do best....wreck stuff.
No. It's lifted at 11:59 on 28 May.
http://www.sec.gov/litigation/suspensions/2014/34-72162.pdf
They weren't suspended for failing to file an 8-K. Whatever gave you that idea?
Thus was suspended mainly for failure to file form k 8 hopefully its not the end all I pray
Why they suspend this? God damn, I think my money is safer in Invested in Iran.
I've followed a lot of suspensions over the years.
wow...you speak from experience...way to go janice :)
Usually when a formerly suspended stock resumes trading, it'll drop sharply. The rule of them is about 60 to 80 percent the first day. There are a few exceptions, depending on the loyalty of the issuer's following and on the amount of volume that comes in. In this case, there aren't any loyal shareholders, so I think just about everyone who was caught in the suspension will want to sell.
Typically, the first few trades will be lowballs. Sometimes they're people selling at market, which is a real mistake. Many brokerages insist on limit orders for Greys. Whether yours does or not, use a limit order.
After a few hours, the price will tick up a little. There'll be no bid or ask; all the information you'll get will come from time and sales. If you want to sell on Day One, that's the time to do it. Sometimes these stocks rise a little more over the next few days, but I don't know if I'd count on that with PGFY. There may, however, be a few people playing the dead cat bounce. Their buys will drive the stock up. And MMs will be willing to facilitate sells, since at least some of them will have been stuck with inventory when the stock was suspended.
As time passes, volume will dry up, making trading much more difficult. After weeks or months, the stock price will plateau. And then PGFY will wither away and die.
I am new here, can someone explain what it is going to happen when it does reopen on the 28, what is normally the trader behavior. Does all the investor loose their investment or would it be a demand for the stock. What is going to happened to the company? Will the sec provides a report of their finding.
Nothing. It's suspended.
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Market Value1 | $50,100,000 | a/o Apr 14, 2014 |
Shares Outstanding | 50,100,000 | a/o Sep 16, 2013 |
Float | Not Available | |
Authorized Shares | 75,000,000 | a/o Oct 31, 2012 |
Par Value | 0.001 |
Shareholders of Record | Not Available |
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Significant Failures to Deliver | No |
Holladay Stock Transfer |
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