Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Thank you so much for the info! What happens to the shares owned by people like us? (sorry for the n00b questions)
We cannot definitively say “NO retail traders can buy/sell”. We know a few brokers for sure, but there’s a lot of brokers out there.
Other possibility is some sort of institutional buyer gobbling up shares prior to a shell purchase/merger.
Moody is known to do this and possibly could be his group. (They’ve done A W G I, and a few others that went well above penny land).
https://investorshub.advfn.com/Moody-DeNunzio-Custodian-Shells-38686/
Basically, they go to court to get the rights to the shell, clean it up, post the filings, and then find a company to merge it with. It’s time consuming but the money is well worth it if all goes well.
Transfer Agent: Non working phone number.
OTC Markets has Stop sign (Dark or Defunct).
To remove the Stop sign (which will stay for 30 days once the following happens, then brokers may allow it to be traded), the following must happen:
LONG AND STRONG BOYS!!!!! Hold the Line!! Diamond Hands!!
- AutisticDD
If no one can sell on retail platforms, how are shares selling?
Nice work and information , thanks DD!
I’m holding. 2.7 million shares. Had it this long. What’s another 6 months to see what’s going on.
Brokers Update:
- E*Turd won’t allow you to buy or sell.
- TD Ameritrade cancelled my transfer request due to “TD is unable to hold WGIH due to the potential risk involved with that asset”. (I’m on hold with them now).
- Interactive Brokers live chat says they would let you sell but not buy (however they may be like TD and not accept a transfer, only if you’re currently holding in their account).
I believe the best strategy here may be to employ the “Hold and Hope” strat. Someone could be front loading this prior to taking over the shell. I believe most brokers won’t settle this security unless they get rid of the stop sign/defunct status.
-AutisticDD
Could be an empty shell merger thingy go on here. Hummmmmm
The stock is going Up... I haven’t seen or heard Anyone yet with any information as to Why.??
Either way, I figure I will just Hold and Cheer. Good Luck. 1M shares for Me
WGIH
Hello my fellow bagholders
I have a bag of 450,000 shares since years ago LOL
What the hell is going on here?? LOL
Hi, Thanks for your postings and effort DD. Looking forward to the outcome :)
Keep us posted...thanks
I have to say I've never heard that strategy but with the amount of shares you have if this breaks into the pennies your strategy would gain you a very nice profit.
Nice Job! I hope this runs to multiple cents.
OMG... That is Ridiculous. Good Luck.
WGIH
P.S. - I’m going on ~2 hours on hold with E*Turd....
Agreed. I know you can’t buy it on E*TRADE, TD Ameritrade, or Interactive brokers. Most likely can NOT on Robinhood or Webull either, so that doesn’t leave much retail buyers out there.
I bought 3.2 million shares back in March/April 2013, and I can’t sell lmao.
I’ve always said the best penny stock strategy is to take $10,000 and buy 1 million shares of 100 stocks at 0.0001, then wait 10 years.....now it’s happening??
From what others are saying it seems that retail can"t buy so it must be Institutions. Now I can't say that's for sure or not.
I know... I gave up on All 3. I guess patience really ‘IS” the Key. ??
Can anyone see who is buying? Institutions or retail?
Crazy how all of a sudden a dead stock will start trading again.
Oh Yes.. I’m leaving it alone And hoping for the Best. Good Luck
WGIH
I have Absolutely No Idea... 3 of my stocks in my portfolio magically “woke up” so far this year. This one, HYI$, and ITV$.
No News, just lots of Volume. I’m not complaining.
WGIH
I only have 200,000 left from a long time ago but if it could get into the pennies from nothing I would take it and run.
Same. Got 5 million from 10 years ago...lmao. What the heck is going on?
Me too.. I have 1M from about 10 years ago lol
27.56M traded....0006 don't know what is going on but would love to see it continue.
Thank You.. Much Appreciated
I was on hold with E*Trade last week (and right now). Last week they told me they placed it on “Do Not Settle” list back in October or November.
I’m going to escalate it this time and try to get a supervisor to give me a better answer or see if they can get it off the do not fly list...
Stay tuned...
My Bad, then.. In that case, I guess I have no idea! I tried to buy with ETrade and it said I must contact them to place an order.
I’ve had others like this, and usually it’s because of the status of the security.. ie CE or whatever.
WGIH is not Caveat Emptor (CE).
https://www.otcmarkets.com/stock/wgih/security
In addition, TD Ameritrade allows a person to close a position on a CE stock.
It means that TD will not allow Buy Orders because the stock is Caveat Emptor Status. Same thing with Eturd.
I’m stuck with what I have, I guess. ??
When I tried to buy shares on TD Ameritrade yesterday, I got the following message:
"Order rejected: Opening transactions for this security are not accepted."
Does anyone know what this means?
there is a bid for 156,680,000. someone wants to get all the shares...why???
Check this:
https://www.thinkadvisor.com/2021/01/29/gamestop-lawsuits-hit-schwab-td-ameritrade-interactive-brokers/
There might be action against E*Trade out there, too. But you might get lucky, waiting a little more. Of course, that‘s no excuse for interfering with the customer‘s decisions.
Been trying to sell as well...Have been stuck with this dogshit for years. Now there's volume, and can't sell. Just my luck
Any reason E*TRADE wouldn’t let me sell this stock? Should I transfer the stock to another brokerage?There seems to be activity on this stock now
There is 46,680,000 and 17,121,779 on the bid???? WTF
& High 5 on the cover:) lol
I have now excited the experiment. :) lol
Thank you
I am not buying wanted to sell
I use TD Ameritrade, but I’d stay from this with a 10ft pole but you do you!!!
Gm which broker do u use, E*TRADE won’t let me trade it, said no TA
Look like a much longer hold :)
LOL your too far down the list I bought them out 2 days ago...
That is great. wish I’d set mind to sell
Followers
|
48
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
6081
|
Created
|
05/09/05
|
Type
|
Free
|
Moderators |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |