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514...MILLIONS were lost here....... many experienced traders (such as myself) were outright fooled by the false sense of legitmacy established by the approval of the cash dividens by FINRA.
I was never long here, was only in for the flip; however, I still lost, just like many here
No worries Flex... my $2k loss is nothing compared to the loss incurred by many avid investors/traders here... I truly feel for all who have lost.
We can all thank FINRA for providing a false sense of legitmacy by approving the issuance of cash dividins, which prompted many to invest their life savings into thinking this was the real deal....I even began to doubt my own intuition and actually thought that CRGP was one of the few OTC stocks that would return a tremendous return on investment if a position was held in the long- term.
Nevertheless, we will see what happens...
Always a pleasure my friend..
You know whats funny Flex? I flipped this stock 5 times so far and bought $2k worth just prior to the halt in hopes that I can make some money on the open tomorrow....never did I think we would get halted 20 mins prior to the market closing...
Let us all thank FINRA for approving the dividens, which consequentially added a false sense of legitmacy here. They approved the issuance of cash dividens and then halt the stock a week later.....very nice
Flex...millions of dollars were invested here.... this is not something only the "noobies" got screwed on....many experienced traders lost tons as well....
It's a shame when things like this happen...deters many from the OTC
I, just like many, lost tons here if this moves to the Greys....
So many things didn't add up; however, I figured it was MM manipulation (hence the large volume activity); however, I had no explanation for the A/S increase...also figured that Company had a strategy to buy back shares at a cheaper price...
I'll give it to CRGP.....they sure fooled me.
If that indeed is the case, I have never witnessed such an elaborate "Scam" by a company in which the company went through great extents to establish a sense of legitimacy by paying out dividens 500% the price of the stock, announcing a share buy back, and releasing multiple PRs highlighting the company's postive cash flow....
Wow. I'm just shocked.
Does anybody have any insight on any past experiences in which a U3 Halt didn't result in a negative impact on the PPS?
Shorts attempting to reverse the tide....
Still much more to come here
Monday and Tuesday alone over 225m shares were shorted....
http://otcshortreport.com/index.php?index=crgp&action=view#.Vd3w016Ge0s
ASCM NOW @ 41s....KEEP SMACKING....HUNDREDS OF MILLIONS OF SHARES STILL SHORT HERE FOLKS
SMACK ASCM! HE'S HEAVILY SHORT....SQUEEZE COMING
TINO 40m Float - .0021
A Break of 39s would incite a signifcant upward movement accompanied by a short squeeze imo..
HUNDREDS OF MILLIONS OF SHARES STILL SHORT HERE..... WATCH ASCM
Huge bid...watch for ASCM movement if buying momentum continues...he has to cover MANY shares.
The OTCShortReport will explain much here..
Still loading...
120m+ shorted yesterday...major squeeze coming
http://otcshortreport.com/index.php?index=Crgp&action=view#.VdyrOYb3anM
Great day here
Watch ASCM creep up the bid as the day progresses folks...
260k till .0034
Many MMs such as ASCM are notorious for shorting... Been in many runners and the buying pressure is tremendous here; once Friday comes around MMs got to cover....
Watch and Learn
Were about to witness an epic short squeeze...just watch
By far... Called this @ .002. Holding 2.4m here and accumulating on ALL DIPS..
Lol. Watch ASCM get Squeezed.... Seen it time and time again
CRGP ADDED MORE - LOAD AND HOLD
SHORTIES GUNNA GET SQUUUUUEEEZED
Every Pinky dilutes, just the timing of the dilution that matters..
Oops. Just woke up; I remember reading that now a week ago; float is still tiny!!
No dilutive MMs all retail here. 100m A/S
#1 BOBs
Great DD, just reaffirmed my decision to keep loading here.... Undervalued is an under statement
Load and hold here....much more coming
Im in here..
L_RAB
Nice move here
VFIN OFF ASK. bounce coming
LOL.... There are certain SEC rules that the company must follow when buying back shares..... A company is only allowed to purchase "X" percentage of the outstanding share count in a specified time frame.
CRGP
CRGP is the real deal folks... Will be loading tons here
The company just paid a cash dividend 5x of the current stock price........ This is unheard of in the OTC....
CRGP GREAT NEWS!
CRGP.... Absolute GOLD....Lots to look forward to here...