Profile Solutions Inc. (PSIQ)

[Rory2]

Sell I’ll buy your shares. I’ve been holding from .12

[Rory2]

Not otc stock has three letters. There are only four or five. End of discussion.

[5bjjamie5]

“All of the companies traded on the Nasdaq have four-lettered ticker symbols...”
No it’s not a big board stock and it doesn’t have 4 letters - it has 3 and a Q....

[Rory2]

Read this it may help you.
https://www.investopedia.com/ask/answers/06/nasdaqfifthletter.asp

[Rory2]

If it was in bankruptcy then the ticker would be PSIQQ. This is not a big board stock it has four ticker letters. How long have you been trading.

[5bjjamie5]

I don’t know, but let’s hope the trade show next week is favorable :)

[Mr_M]

Thoughts on why PSIQ is down over 20% today?

[5bjjamie5]

That’s all I was wondering bc I wasn’t able to find info on the status. Thank you for responding. GL

[Pisd]

Settled long time ago, means nothing today, gl...

[5bjjamie5]

“Stupid” questions? Tell me what you don’t understand about a “Q” denoting bankruptcy....?

[TradeSmart.ai]

Why are you still asking me stupid questions? The company’s ticker name is $PSIQ

[5bjjamie5]

If the company name is Profile Solutions Inc (PSI) where does the Q fit in?? See the article I posted...

[5bjjamie5]

Did u read the article?? Any thoughts/comments?

[5bjjamie5]

Good luck to us all!!

[5bjjamie5]

Look, I’m invested in PSI(Q), too, but I think it’s significant to know...

[5bjjamie5]

I posted the article re: the significance of a Q
Why does Profile Solutions, Inc. (PSI) have a Q at the end of its name??
No stock has a Q unless it was involved in a bankruptcy at one point or another... the Q doesn’t go away...

[TradeSmart.ai]

$PSIQ is the name of the ticker there is no bankruptcy here, been that way for over a year. Its the name it got changed to, no idea where you even got bankruptcy from.

[Moonboy1]

Thanks for the info.!

[Turkey Red]

Yes, they should

[5bjjamie5]

<crickets> on the bankruptcy....

[5bjjamie5]

Explanation posted....

[5bjjamie5]

“The letter “Q” added to the end of a stock symbol is not a good sign for investors; “Q” means the company is in the midst of bankruptcy proceedings. The SEC warns investors to steer clear of “Q” stock, unless you’ve carefully reviewed the proposed bankruptcy reorganization plan and it looks like the company will come out of the financial trouble on top. In many cases, however, the company’s old stock -- labeled with the ominous “Q” indicator -- is dissolved after the proceedings.

Chapter 11 “Q” Stock
Corporations filing for reorganization under Chapter 11 bankruptcies might retain their existing stock, but are generally "delisted" from major exchanges and are forced to trade on the secondary markets. A “Q” is added to the end of the corporation’s stock ticker symbol to indicate the company is in bankruptcy proceedings. Current stockholders might either attempt to sell their shares in the secondary markets, or ride the storm out, hoping the company and its related stock regain profitability.

Old Stock vs. New Stock
Oftentimes during bankruptcy’s reorganization, the company retains its old common stock -- the “Q” stock -- on the secondary market and issues new stock shares under the reorganized business. Each stock will have different ticker symbols, and the new stock issue will not have a “Q.” Investors holding the old common stock still run the risk of losing their money despite a successful reorganization, because new investors will most likely purchase the stock offered by the reorganized company rather than the stock issued prior to the corporation’s bankruptcy.

“Q” Always Stays
The “Q” is never actually removed from the stock in question’s ticker symbol because it differentiates the pre-bankruptcy stock from the post-bankruptcy stock. This letter remains an important part of the stock’s ticker symbol; otherwise, potential investors would not be aware that they are purchasing stock involved in a bankruptcy that might become worthless on the markets once new stock is issued under the reorganized corporation.” Finance.zacks.com

[5bjjamie5]

Any stock with a Q at the end of their name means bankruptcy.... everyone should know that....

[Turkey Red]

Explain please

[5bjjamie5]

So, no comment on the bankruptcy???

[TradeSmart.ai]

Yes nice volume today for sure word getting out $PSIQ

[Moonboy1]

Volume is definitely key to busting the chart.

[perfectpicksfor -you]

Yes Some nice buys coming In today !!

[Imfranko]

Volume starting to pick up here

[5bjjamie5]

Re: PSIQ bankruptcy - anyone know the status?

[TradeSmart.ai]

Nice Green Day today $PSIQ

[Imfranko]

Chart doesn't matter here at all the float is too low to contain once volume picks up and when it hits scanners look out above it's gonna rip

[Moonboy1]

Told you the chart was dog sh--. Now it appears to be playing out. GLTA

[5bjjamie5]

Well, Moore did compare this to tlry and acb - they’re around $90 and $5 respectively... I’ll take a pps in the middle of those two, please :)

[Imfranko]

Give it time to sink in the will move and when psiq secures necessary permits it will be boom time it will hit a buck per share with a little buying pressure

[5bjjamie5]

And it’s obv no one else out there bought into this “PR”... pps proves that :/

[5bjjamie5]

Yeah, me neither. It was a lot of hot air if u ask me... I don’t like BS PR :/

[whytestocks]

News: $PSIQ PSIQ Secures $2,500,000 to Become the Only Licensed Growing Farm and Processing Plant for Medical Cannabis & Hemp in eSwatini for a Minimum of 10 Years

SUNRISE, Fla., Jan. 16, 2019 (GLOBE NEWSWIRE) -- Profile Solutions, Inc. (OTC Pink: PSIQ) is pleased to announce the receipt of $2,500,000 to become the only licensed growing farm and processing plant for medical cannabis & industrial hemp in The Kingdom of eSwatini f/k/a Swaziland (&#x...

Read the whole news https://marketwirenews.com/news-releases/psiq-secures-2-500-000-to-become-the-only-licensed-growing-farm-and-processing-plant-for-medical-cannabis-hemp-in-eswatini-for-a-minimum-of-10-years-6924176.html

[KyleTrader]

Send it, this one moves on air! $PSIQ

[Moonboy1]

Didn't realize they don't even have licenses yet as well. Didn't like that part of the PR either.

[5bjjamie5]

Still trading at .35 :/

[5bjjamie5]

Still some hurdles, but if King Swaziland is as happy about this as psiq portrayed, it’s promising news :)

[5bjjamie5]

This really should have been left out of the article. Don’t make consumers think twice about who’s handling their product <forehead slap>
“... devastation of the workforce by HIV/AIDS.”

[seventhcircle]

Going to move big when this hits the scanners

[TradeSmart.ai]

Yes I saw!!! Very good news!!! $PSIQ

[seventhcircle]

Big news out! Let's see this hit 1.00!

[Moonboy1]

The 1 month chart on this looks like dog sh--. If the chart plays out this is heading to around .15 based on the descending triangle pattern that has now formed.

My posts are my opinion and are not investment advice.

[TradeSmart.ai]

Yes looking good into the close here $PSIQ

[KyleTrader]

.40’s printing Yeah $PSIQ

[TradeSmart.ai]

Looking real good now $PSIQ