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There is no difference between a pink OTC stock that files quarterly with the SEC and an OTCQB stock that files quarterly with the SEC. The tiers are made up to make investors believe that some fundamental difference exists. In reality, it is just a way for OTCmarkets to collect fees. They are a for profit company after all.
OTCmarkets just put the .01 minimum bid requirement in there as a qualifier for the tier. It is completely meaningless but, many investors do not realize it.
The only real distinction is whether the company files quarterly with the SEC or, whether it does not.
It isn't as if this eventual outcome was hidden. It was very evident in the filings all along. Jake didn't hide the facts. Some of us displayed those facts openly, otherwise smart individuals didn't quite realize how amateurish their investing prowess was and, ignored those facts.
The QB designation is not a listing anyway. It is a meaningless designation by a paid site, otcmarkets.com. It has absolutely no regulatory meaning whatsoever. It changes nothing about where or how the stock trades.
SWRF 1:1000 Swordfish Financial, Inc. Common Stock
It has been out for a month...
LEXG 1:200 Lithium Exploration Group, Inc. Common Stock
22 please, thanks.
2 4 18 22 please, thank you.
2 4 18 please, thank you.
SEA please, thank you.
Interesting words given that FONU is only 3 hundredths of a penny off of all time lows on relatively low volume.
Ok. As a word of warning, do not upgrade to the latest software ever. Apple devices are notorious for declining in functionality over time, and become especially bad when new software seems to overwhelm old hardware.
At least, that has been my experience.
The joke is sort of on those in the Apple ecosystem that are paying contract prices and choose to not upgrade. Upgrade costs are minimal for most active users. Your mobile carrier applauds your decision
It is ridiculous I agree. All you see is the closest bid or offer(to the NBBO) on that particular market maker's book. You have no idea how stacked it is internally.
But, everyone knows that or, does now.
SNWT 1:3000 San West, Inc. Common Stock
NMGL 1:4000 North American Gold & Minerals Fund. NEW Common Stock
RCGP 1:1250 Radiant Creations Group, Inc. (The) Common Stock
SNDY 1:1500 Solos Endoscopy Inc Common Stock
VIZC 1:2500 VizConnect, Inc. Common Stock
EPAZ is about the worst RS offender still trading in the OTC marketplace. Everyone knows it.
SMBK 1:4 SmartFinancial, Inc. Common Stock
Did they ever misinterpret the market's reaction to the numbers?
I've wondered at times how many trades based on inside information end up losing money.
Nothing particularly nefarious about it at all.
He's merely able to establish a large position quickly while not disturbing the market in the process of doing so. He typically puts on a "risk-reversal" style trade which gives him a few advantages should the stock decline further.
Since Icahn almost never trades out of a position quickly, I fail to see why anyone would think that he's trying to game it short term.
His "arcane" style of hedging that you referenced with the WSW video was about something entirely different. He was referring to purchasing Credit Default Swaps as his main hedging technique in that interview. Not terribly arcane but, not really available to the average retail investor either.
2 4 18 20 please, thank you.
2 4 20 please. 4 for the chase pick.
NO please, thank you.
FAMG 1:4 First American Group Inc. Com
The sad thing is that nothing is materially different from 2 years ago. The IDA chose to ignore the dire financial condition at that time.
The media printed headlines and quotes for two years. Better late than never I suppose.
TRLR 1:300 Trulan Resources Inc. Common Stock
STAF 1:10 Staffing 360 Solutions, Inc. Common Stock
Looks like John Henry may be opening his eyes a bit.
GMTU 1:10 Green Mountain Merger, Inc. Common Stock
I'm not sure who Rufus is. Probably so though. The idea of putting a big number in a pr is just too tantalizing to pass up for many of these guys.
Maybe Riad can sell FLIB a few billion in UST bonds too lol.
http://www.otcmarkets.com/stock/FLIB/news/70-Year-Old-Billion-Dollar-Debt-Haunts-Chinese-Government?id=114534&b=y
Any CEO that gets caught up in this bs shows how incompetent he/she really is as it relates to the financial markets. Funny watching idiots play it up like it is something to be excited about though.
Good luck with collecting that restitution. But, it makes for a nice headline.
I am a little surprised that the "Wolf" didn't get in trouble for his ridiculous promotion antics last year. The poor guy is a rank amateur that got lucky on a few pot stocks early in the mj craze. Unfortunately, his followers did not realize it and, paid dearly for his naïveté.
Rather than disappear and keep his mouth shut for good like he should, he's trying this stunt?
Might be his undoing.
His profile is amusing.
I'm sure that shareholders feel so good now lol.
This guy is comedic ineptitude in action.
2 4 18 19 please, thank you.
2 4 18 please, thank you.