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.
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.
What do you make of the recent 425 filings where management is asking the shareholders to cast their vote? Apparently, they are short of votes. This reminds me of what happened to FLKS a few months ago.
SCAM BAGS is being too kind. These crooks should be in jail for how they ran this company into the ground. Two reverse splits in a year's time. That is criminal. In my opinion this company should be on the OTC. Caveat Emptor.
I seriously doubt a technical chart video is going to make much of a difference now that this stock is about to under go a major reverse split tomorrow. It will be interesting to see what the charts say after tomorrow.
They canceled the special shareholders meeting back on December 21st. Read the 8K filing from the 21st of December for all of the other fireworks...it's a real eye opener I can assure you.
You're right, the volume in the after hours is pretty impressive. As of 6pm, over 950k shares have traded hands. I was watching HSGX for most of the day and I noticed it stayed at .115 for practically the entire afternoon. Someone or some group was unloading a ton of shares at .115 and once those shares were gone it didn't drop much, it fell to .114 followed by a rather quick bounce right at the close. I've got a feeling we will be getting an 8-k filing pretty soon. I'm half tempted to pick up some shares in the A/H. GLTA.
This company is a joke. They enacted a reverse split last summer and now they are talking of enacting yet another reverse split...two in one year. Unbelievable. This latest potential split is to the tune of 1-30 or even as high as 1-60. That is insane. This stock belongs on the OTC. Caveat Emptor.
As always, treat'em as a trade.
GLTA.
What do you think on tonight's Pre 14A filing?
After reading tonight's bombshell pre 14a filing, which mentioned enacting either a 30-1 or 60-1 reverse split, I would have to agree with you....this turd is done. This will be back in the teens by either Monday or Tuesday. Caveat Emptor.
As always, treat'em as a trade.
IDK, after seeing how JAGX sold off today, I think the people who bought today in the pre-market are the ones pulling their hair out. It closed at .302 in tonight's after hour session. I've been in this stock for a while now (since October)and have noticed a trend with this stock. It never sustains a rally. So, if history is any guide, chances are pretty good JAGX will fall back to its previous low.
As always, treat these pharma stocks as a trade.
GLTA.
re: "FTE Networks is the one whom requested the stock exchange to halt the stock(FTNW) for news pending."
Where did you read that information?
.."On to the next scam. Ha." It's good to know other people can see these stocks for what they are. Caveat Emptor.
As always, treat these turds as a trade.
The filing also stated they have an enormous bill coming due pretty soon, which could help explain the astronomical increase in the shares authorized.
There's also a very good chance this could go no bid. There is approx 630 million shares supporting the cellar with a little under 20m on the 2's. 630M sounds like a lot of shares, but the way they have been diluting, it wouldn't take long ( maybe 2 days) to go through that support. As always, treat'em as a trade.
GLTA.
lol. Lyndon Bridges....that's a good one. Yeah, this company looks interesting. I'll check it out. Thanks. Take care my friend. :)
Yeah, hopefully this will turn around. I'll probably take a position here in the days to come. Good luck to you and to all.
Hey ole buddy,
It's good hearing from you again. I haven't been on these boards in quite a while. Hope all is well with you. Wow, looks like INKW has done very well. Hopefully, you weren't 'left behind' on this one. Take care my friend.
I agree, I don't see them enacting a reverse split at least not any time soon. Keep in mind, they just increased the shares authorized to 250,000,000,000 ( yes, you are seeing that correctly, that is 250 Billion shares) so they still have a ton of shares to sell before the inevitable happens. Caveat Emptor.
As always, treat'em as a trade.
I agree 100% realfast..these bio techs sure know how to sell shares. They definitely are experts in that department. Speaking of selling shares, did you see how fast ALT sold off this morning in the Pre market? They were trading over 10 dollars this morning(an increase of over 50% from Friday's close) only to get word moments later of a stock offering at $5 and some change. IMO, these type of stocks are all the same...it's all about selling shares.
As always,treat'm as a trade. GLTA.
Well, I would venture to say those trades are going off as buys....seeing how all of the trades so far have executed at .0001. Who knows. I just hope some of the longs here were able to take advantage of this rare opportunity. As you know, it's not every day you see this much volume on a grey stock. It was nice seeing you again Janice on this board. Hope all is well. Take care.
GLTA.
Beats me. These type of stocks (OTC Pink) tend to trade in a world all their own. A world (IMO) controlled by insiders. My guess as to who may have been involved with those earlier trades, I think it may have been someone connected with the company which leads me to believe something might be brewing here. We shall see.
GLTA
I doubt it. A grey stock I own was slated to be revoked many months ago and yet it still trades so odds are GFOX will probably be around a little longer.
Yep, the 10k is out. I just briefly read through it and I noticed they are still burning through a ton of money. That audit alone cost them $18k dollars of our money. Oh well, at least we won't have to worry about the SEC hitting RCHA with a delinquency letter any time soon. GLTA
"Grey fox stiffed graffiti junction."
Yep, them and all the shareholders, too.
"Peters didn’t contest the case, saying that he would, in turn, go after the franchisee, a group called Grey Fox Holdings.
But Peters said he failed to track down Grey Fox Holdings CEO Daniel Sobolewski, leaving him to pay the judgment. Sobolewski, when reached by the Orlando Sentinel in February, said Peters was responsible for the lease and that he had left the state."
I wonder whatever happened with that lawsuit Sobolewski claimed he was going to file against the Orlando Sentinel? I guess it went out the window along with that dividend. lol.
Last of the big time spenders. lol.
I just hope that 2000 share trade this afternoon wasn't his order.
I know. That trade equates to approx. 2/10's of a penny. LOL. And they say every trade down here is a matched trade. Yeah rght. lol!
Tell him his patience will be tested. I've had a sell order in for over 6 months on that other turd of a stock with hardly any luck.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=137818966
These grey stocks are in a world of their own. GL.
IMO, you are correct. Something is better than nothing.
In all my years of following these penny turds I can't recall many stocks ever getting off of the grey market. BEAC, now known as FTNW, comes to mind, but that came at a heavy price... many reverse splits over the years.
Here are some of the questions the SEC asked of FTNW before they were re-registered.
https://www.sec.gov/Archives/edgar/data/1122063/000000000015020964/filename1.pdf
IMO, the odds of GFOX returning to the OTC Pink tier is probably 20,000-1.
GLTA.
That maybe true if GFOX was fortunate enough to be on one of the bigger exchanges, but the sad truth is once these type of stocks fall this low, it's just a matter of time before the inevitable happens...the dreaded reverse split. Time is not on our side.
Hi Blackheath,
I know how you feel, these penny turds can really get the blood boiling.
ps...I got your PM. Unfortunately, I'm still using their basic service.
Exactly, most brokerage houses won't except orders on line from retail investors in the 6 digits (TDAmeritrade will automatically kick out any buy order below .0001.) So does that mean with the help of a broker, a retail investor can still buy shares under .0001?
I contacted my broker (TDAmeritrade) after months of watching other people's orders get filled. I asked them why is it my order is not being filled, they told me they could sell it for me, but there was no guarantee on the price. My question is, how come I have a better chance of selling my shares with the help of a broker, if there are supposedly no MM's involved?
The people bid sitting the 1's. The 1's are stacked and could handle a 100m dump. Last time I checked, there was over 800m shares sitting on the 1's. However, if someone were to dump several blocks of that amount my guess is most people would pull their orders.
Yep. Oh well, it is what it is. I can see why they call these stocks stinky pinkies.
Talk to you later.
Time now for me to eradicate poison ivy from my property.
I'm hoping that too. And you are right, we are way over due for news.
I know. I just don't understand the logic behind buying or selling such few shares at these cellar dweller prices. I've had a market order in for months now to sell that turd of a stock we both loved to talk about and would you believe they executed a trade for only 4 shares (at .0001) out of the 2 mil I have up for sale? Who the hell buys 4 shares at .0001?! That was beyond crazy. Nothing surprises me anymore down here on the OTC. It truly is the wild wild west of the stock world.
I know, that's crazy! And to think that someone broke into their piggy bank to buy a whopping penny and a half worth of stock. Unfreakin believable. RCHA is now starting to trade like a grey stock. Who knows, perhaps today's action is a sign that something big is about to happen. Lets hope so cuz I am getting thirsty again for some Goose Island. :)