All IMO
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It definitely does happen in OTC. I'm sure it has happened to other posters here. Remember...."Buyer Beware".
I remember those days too. Seems like 100 years ago..LOL!!!
And remember stock prices were expressed in dollars/cents..and fractions.
Unfortunately for me I was in two. One was one of the biggest scams in OTC history. It was a family owned diamond mine..Casavant something. The other was a spongetech (?) company. Both were way, way way up...then boom...all gone. Both were 20-25 years ago.
I should have know better as both were too good to be true.
It does happen, usually with disastrous results.
Chartmaster...I'm also getting a bit tired (and agitated) at your raciest comments.
If you look throughout history you would realize most of your comments could have been said about just every country in the world, including ours.
Evolution, times change, ect....
I have been in numerous Asian countries and have been treated with respect and kindness.
That said ..there is still no other country like the Good old USA!!
Use the scientific calculus....flip a coin.
Been in this stock approx. 3 1/2 years. Saw many positive PR's, good news, ect. I averaged down several times and the pps kept going down.
Seems most times there is positive news here the pps goes down.
Getting a bit frustrated, but haven't thrown in the towel yet nor heard the fat lady sing.
Still waiting.....
Good luck everyone.
I have been around here for years and have never seen things this crazy or people being so dis respectable.
That's why I don't post much anymore.
So many angry people out there.
....."And I'm not supposed to have fun on the boards and make money.".....
I think so....LOL!!
Back in @.0105
I had TDA for years. The transfer to Schwb was smooth as clockwork. No problems at all. Also I like that Sink or Swim can along too.
I got out the other day @.0066 and took a small loss. For a while there I thought this stock could be a real money maker. Not now. This is (IMO) just another OTC scam stock. That is not to say there isn't money to be gotten in scam stocks. Played well there is much money to be made in scam stocks. I missed it on this one. Also I though some of those pie in the sky estimates for this stock were fantasy-land ridiculous.
I'm out but I hope the remaining holders here do well.
Good luck everyone!!
I sold half my position today @.0066 (took a small loss).
No idea what will happen tomorrow but I just wanted to limit myself somewhat.
Could be awesome news and this stock could be a moon shot. I sincerely hope so.
I love big gains.
But........I believe just about every OTC stock is a scam (yes, this one too) and when major good news is expected it is usually the other way around resulting in big losses.
Hoping everything said comes true tomorrow and we all make big bank.
Good luck everyone!!
yea, me too. I'm still reeling from the bloodbath in that other stock.
A major win would be nice here.
Thank you....best 20 years of my life.
Happy Birthday Gail!!
.....ah..to be young again...
In @.0074.....let's go!
Every time it got worse here I kept telling myself it couldn't get any worse.
But it did. Over and over. And it looks like it's about to get much worse.
In my 20 years in the OTC I have never seen a stock more pumped.
There are many people who lost a lot of money here and GS other stocks.
I find that very sad. I'm sure some even lost more than they could afford.
Granted we are all responsible for our own actions but I don't think many saw this coming.
The ugliest and most disgusting thing I have seen here is that there are some posters that are reveling that people have lost a lot of money.
How low can a person get?...........
This does not look like a stock with major news supposed to come next week.
PPS should be climbing up. No volume. Not much enthusiasm on this board either.
I'm really hoping for a good pop so I can get the hell out of this stock.
News Out
Your post describes my actions exactly. I should have known better but I fell for the hype.
I would also add that I suspect there are many here who fell for the hype and regret not selling at .049.
Of course most won't admit it.
I'm not blaming anyone but myself. I should have know better. This could be a very expensive lesson.
Still have all my shares but all is not necessarily lost.
I think there is a fair chance that we might see a good sized pump next month if GS has any decent news. After holding these shares for all this time I will be very happy to get out of here just breaking even.
Of course I would love to have a multi-bagger....but after all this time I just want out.
I have lost all confidence in GS.
Is it possible that he is cleverly tap dancing with semantics?
Looks like he is lying.
Congrats....good play.
2 1/2 years and now this......what a debacle!!
Lot of people hurting tonight.
I put this squarely on GS shoulders.
If he didn't know what would happen he should have.
Did he do this to us on purpose?
Very nice post and advice.
Hi folks....I'm in @.01.....let's rock!!
Thanks for the welcome. I have a good feeling here. Looking forward to making money.
Good luck to you.
Got a starter position this AM @.0022. I only got a partial fill but plan to get more tomorrow.
Looks like great potential here.
Good luck everyone...let's make some bank!!
Posts like yours with no proof is one of the reasons this message board is turning into a cesspool!
If you have news post it...otherwise it's not true.
You say there is huge news...please post a link.
Question about the term "presently pending". Is there a set standard time frame for presently pending?
Couldn't it mean different times for different people?
What if under questioning Person A says his definition of presently pending is one week, Person B says one month. Person C says 6 months, and person D says it could take up to a year, but is presently pending.
Just curious. I'm no attorney.
Encouraging. Barchart has us at 96% buy.
https://www.barchart.com/stocks/quotes/GVSI/opinion
Good luck everyone!!
My only regret is I didn't buy more shares when I could. I have both Schwabb and Fidelity and
neither will sell shares as long as EM.
Out of curiosity I was wondering if we could still sell shares.
On Friday I put a sell order in for 10 shares to see if they would go through. They went through
right away.
After hours close yesterday $1.89
https://www.marketwatch.com/investing/stock/sbny
Good chance you are right. This stock could really take off. Many times over the years
I have watched stocks skyrocket after I sold. Also many times I have watched stocks tank after
I sold. The OTC has gotten so crazy lately. I'm happy with 50% profit in two weeks.
Good luck to you.
I want to thank those who responded to my post last night. All said sell.
I went with my gut and sold this morning @.0108 for a 50% profit. Good chance it will go way up again.
My downfall (like many) in the past has been greed. These days I will happily take a 50% profit and move on.
For those still here I hope for many green days.
Good luck everyone!
Looks like the consensus here is tomorrow should be a great day. I sure hope so.
To be honest I had a sell order in today for .0145. It didn't go through. Then as I was watching after hours trading I saw it was going down pretty fast. I thought I'd better cut any losses and put a market order in for .012. That never went through. Why I don't know but I sure will call Schwab tomorrow to ask why. I might be very happy it didn't.
My ave is .007 so would have been happy for a 100% profit at .0145. But my orders didn't go through so I haven't sold any.
Very curious to see tomorrow if I should be glad or pissed. LOL!!
Hoping for a gap up....
Good luck everyone!
The fact that you must put down posters expressing honest opinions says a lot about you too.
I don't put people on the "iggy bus" but I try not to read posters who insult others.
Great post Major. Your honesty and telling facts are always refreshing. I'm sure there are many here who feel exactly the same way, myself included. I'm sure many longs also agree with you but very few will admit it. I'm sure you will get many nasty posts in reply to yours and also me for agreeing with you.
What a shame this message board has become. It has become a place for very little DD but rather a place to share nastiness and who can come up with the better putdown. No wonder so many real posters with real DD no longer come here. Who could blame them. They get targeted with insults for their honest input.
I took a starter position Friday with the same sentiments. LOL!!...
I thank all the military here for their service...
Me...USMC..1970-1990