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I think you still have tomorrow which is the 24th. After that I imagine volume will dry up quite a bit.
Monday is the last day you can buy through Ameritrade fwiw...not May 30th.
As of May 25, 2021, TD Ameritrade will restrict orders in Caveat Emptor designated OTC securities to liquidating trades only.
https://www.tdameritrade.com/retail-en_us/resources/pdf/cesecuritylist.pdf
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It was pretty fool proof. You could put in for the ones you wanted and when they opened up 200-300% you sold. Unfortunately I was only able to get 50 shares once and I had 5 accounts with 2k in each of them just trying go get shares. Looking back I probably wasted a lot of time messing with it but I had a lot of fun. It was a crazy time in the market.
Don’t have PM. Too cheap to pay lol. Didn’t know that about Rande, kind of surprised. He didn’t seem the type but you just never know.
I see Robinhood is going to allow users to buy ipo's.
https://finance.yahoo.com/news/robinhood-allow-users-buy-ipos-150512062.html
Back in the late 90's I opened numerous accounts just trying to get those internet IPO's. If you lucky you could get 50 or 100 shares of some really hot ipo. Could buy at ipo price(15-20 bucks) and sell at the open sometimes over $200-$300. The would restrict your account for 30 days but no one cared. It was a heck of a flip. I remember waking up in the middle of the night checking to see if I got any shares lol.
lol...that's hilarious! I remember a couple I use to follow named Rande Is and Bucky Katt. They were both very good traders.....these posts bring back a lot of memories.
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My guess would be EDF taking a starter position.
I agree. Some very nice volume the last hour.
I don’t think we’ll go up too much tomorrow. They’ll keep it right around $20 so those options expire worthless. IMO.
lol. I was just watching it. Heck of a line in the sand at $20. Would love to close over that
Fact: I know 5 people that have died of Covid-19. I don’t know anyone who has been struck by lightning or have died in a bathtub.
Really lol. That’s the last thing I would want if SHTF.
Always enjoy these photos....thanks for sharing!
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China bans financial, payment institutions from cryptocurrency business
Reuters
China has banned financial institutions and payment companies from providing services related to cryptocurrency transactions, and warned investors against speculative crypto trading.
It was China’s latest attempt to clamp down on what was a burgeoning digital trading market. Under the ban, such institutions, including banks and online payments channels, must not offer clients any service involving cryptocurrency, such as registration, trading, clearing and settlement, three industry bodies said in a joint statement on Tuesday.
“Recently, crypto currency prices have skyrocketed and plummeted, and speculative trading of cryptocurrency has rebounded, seriously infringing on the safety of people’s property and disrupting the normal economic and financial order,” they said in the statement.
China has banned crypto exchanges and initial coin offerings but has not barred individuals from holding cryptocurrencies.
A small toy figurine is seen on representations of the Bitcoin virtual currency displayed in front of an image of China's flag in this illustration picture, April 9, 2019. REUTERS/Dado Ruvic/Illustration
The institutions must not provide saving, trust or pledging services of cryptocurrency, nor issue financial product related to cryptocurrency, the statement also said.
The moves were not Beijing's first moves against digital currency. In 2017, China shut down its local cryptocurrency exchanges, smothering a speculative market that had accounted for 90% of global bitcoin trading.
In June 2019, the People's Bank of China issued a statement saying it would block access to all domestic and foreign cryptocurrency exchanges and Initial Coin Offering websites, aiming to clamp down on all cryptocurrency trading with a ban on foreign exchanges.
The statement also highlighted the risks of cryptocurrency trading, saying virtual currencies "are not supported by real value", their prices are easily manipulated, and trading contracts are not protected by Chinese law.
The three industry bodies are: the National Internet Finance Association of China, the China Banking Association and the Payment and Clearing Association of China.
https://www.reuters.com/technology/chinese-financial-payment-bodies-barred-cryptocurrency-business-2021-05-18/
Yep, sure was.
You jinxed it lol.
Next Monday is the last day you can buy through Ameritrade and Schwab until the CE is removed. Just an FYI.
Heck of a battle here at $20.....tight range of around .20 for the last 300k traded.
Your little interview got me fired up lol!
$HGEN....doubled my position here this morning. I think it's time!
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Very cool Mike! Brings back a lot of memories(totally forgot about fractions).
FDA just slamed Leronlimab. Wow.
https://www.fda.gov/drugs/drug-safety-and-availability/statement-leronlimab
With the conclusion of both the CD10 and CD12 clinical trials, it has become clear that the data currently available do not support the clinical benefit of leronlimab for the treatment of COVID-19. In the smaller study that CytoDyn conducted in patients with mild-to-moderate COVID-19 disease (CD10), there was no observed effect of the drug on the study’s primary endpoint or on any of the secondary endpoints. The primary endpoint for the CD10 trial relied on a measure of participants’ COVID-19 symptoms called a “total clinical symptom score”, which was assigned based on the severity of each participant’s fever, muscle aches, shortness of breath, and cough. This score ranged from 0 (no symptoms) to 12 (all 4 symptoms present and severe). The CD10 trial results showed no clinically meaningful differences in average change in “total clinical symptom score” from baseline to Day 14 between study arms (-3.5 in the leronlimab group versus -3.4 in the placebo group). Additionally, none of the secondary endpoints were met in this study, including mortality, time to symptom resolution, and time to return to normal activity. Taken together, the CD10 results indicate that most study participants experienced resolution in COVID-19 symptoms regardless of whether they received leronlimab or placebo.
The OS shares keep going up too. Now at 245m and is going to be bumping up against the 300m authorized pretty soon. The extra 20m is probably stock issued to themselves again....and I agree, they are not going to issue themselves stock if it's going to be worthless.
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Very nice synopsis EDF. Pretty much my thoughts too. They might not get this all sorted out until the end of summer. I know we both have more than we really want and I'm not selling at .10. I'm basically writing it off mentally. In two weeks this bascially isn't going to trade again anyway with most brokers halting buying on CE stocks. Hopefully it works out in the end but right now it's a mess! Have a great weekend!!
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Give this a little push so we can see those $20's today! :)
I had an order in for some at .09(a GTC that I placed a week or so ago and only 10k) that never filled. Not too upset as I have more than I really want at this point and time. Hope you do great on that buy but strange that I had an order sitting and never filled. That's the grey market for ya.....I'm sure mm's took those 20k at .0005 and already sold em.
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They are starting to move some of these CE's to the greys. 8 in the last 2 days. It's probably coming.
https://www.otcmarkets.com/market-activity/corporate-actions
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sub penny....let the good times roll! We're back to where it all started..unbelievable!
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I had it in Feburary and I'm still having phantom burning smells. It's driving my wife nuts...."Honey, whatever you're baking it's burning". "Dear I'm not baking a thing"....lol.
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Thanks for the reply. eom
Don't play many pennies anymore and will probably phase them out altogether soon. Between the sec and the younger crowd going into crypto, the penny market is slowly dying. Just imo and I'm sure the penny pumpers don't agree. I do think the better plays like this one will do ok...they are actually making money and not just dangling carrots.
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Any idea on the status of the symbol change here?
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The whole OTC is dead.
Wow...what a move!
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