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EXTO is one of only 3 pink sheet stocks that were purchased for fun. My others are so underwater that I don't like to think about them. My usual investing/trading process is to buy positions in stocks/ETFs and sell covered calls on them. Wow, more purging from me. This has been a stress reliever. Thanks for the therapy. Where do I send the check?
I think I have purged everything I needed to. Thanks,
Many years ago I had a broker that told me to 'take your profits, and wish the next person well.'I am only taking pieces off the table with each move. The alternative is to hold it all for the big gamble. I will probably hold only 1M shares for the long haul.
The seller is not me this time. I am in for a sell of 250K @ .005
Having been burnt many times on holding for the home run, I continue to sell some of my holdings into this run....just sold another 250K @ .0045, and have another 250K in for sale @ .0050. Still holding some. My cost basis was around .0015 on 4M shares. Only holding 1.75M now. What is the proposed news behind this run?
The price rise tempted me to put in a sell of 500K @.004. Often I wait for the home run on the entire position, rather than taking the doubles and triples on portions as the price rises, and holding only a portion until it goes boom or bust.
Thanks.....Just went off, and I am going to hold the last 3M for a while.
Another 90K just got taken....when someone takes the last 15K-16K, the ask will rise I guess.
I am still trying to sell the balance of the 1M shares I put up the other day. I put about 265K in this morning at .0031, and sold 160K of them already. I guess I am the ask right now.
OK, I am back as the ask with 265K @ .0032
Someone took 70K of them, and then someone came in at .0031 on the ask. How much is offered there at 3.1 before I am the ask again at 3.2?
This morning I put in the remainder of the 1M I was looking to sell yesterday. So, I have about 330K in for sale at .0032. What is sitting after that on level 2?
So, when I took them off, the ask went to .0034....not much difference. How much is out there at 34 and what is after that?
The seller of 1M @ .0032 was me.....about 650K went off already. If it makes you happy, I will cancel the rest of the sell. I am still sitting with a few M shares, with a cost basis of about .0015.
I know what a reverse split is, but what is a reverse merger? I feel dumb.
What has happened to cause this movement? Is it that they have finally taken the casino off the table, so the project can actually get going?
PB, if you are close to the people running EXTO, could you ask them when they expect to have their website up and running. It has been 'under construction' for quite a while now. I had tried to call them, but my phone calls are not returned. This is their website:
http://www.summitcityholdingscorp.com/
The RUBS
Even a response from the management to phone calls would be nice.
I am still unsure of what will make this stock 'run'. Until we see financials we are at risk. I called the comapny a few days ago and asked to speak to someone. They transferred me to Todd Smith, who was to be in the office Tuesday. I left him a detailed message as to who I was and what I was interested in knowing, and to date no reply. This concerns me. I only hold 3+M shares.
Can someone please tell me when EXTO is expected to post some financial statement? I would like to see what the 'earnings' are, and what their plans are. Aren't they required to file a 10K, or Q?
The RUBS
Is there any update on activity at the Fort Wayne casino, or anything to do with the Summit City Resort?
Is there a listing of the large holders of the shares not in the float. I would assume that mostly insiders with restricted stock, but not seeing any financial statements, how does one find that out? I would think that institutions are not holding this sub penny issue. Where would the 1.2B non float shares be?
They told me I was the second one to call today on this.....issued and outstanding is 1.74B....where do you get the float from? I thought I read a poster say that the float was about half of that.
Where can I find the document showing the AS as well as the OS and float? I do not see any SEC filings to get this from. TIA