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Just got this message from schwab... Pred is on list
By January 31, 2021, Charles Schwab & Co., Inc. (“Schwab”) will restrict orders in Caveat Emptor designated OTC securities to liquidating trades only. Closing trades will continue to be allowed after this time.
Why is this change happening?
A Caveat Emptor security is a designation the OTC Markets Group places on a security after a determination was made surrounding the company that there may be potential risk to investors which may include:
• a potentially misleading or manipulative stock promotion,
• known investigation of fraudulent or criminal activity committed by the company or insiders
• regulatory trading suspensions or halts,
• disruptive or undisclosed corporate actions, and/or
• other reasons related to the public interest.
Caveat Emptor securities have the potential for illiquid and highly volatile conditions. A skull and crossbones icon is placed next to the stock symbol.
We are notifying you as you may have traded in or held positions in securities of this type within the past 12 months.
What does this mean for your account?
By the end of January, any positions held that are impacted by the Caveat Emptor designation will be set to liquidating transactions only and no opening transactions will be allowed for these securities. Any existing opening orders will be canceled but you may close out any open positions or continue to hold. You will not be allowed to add any new positions in these securities unless the Caveat Emptor designation is removed by OTC Markets Group.
The current list of impacted securities (which is subject to change) can be found here.
Welp... it pains me to leave this hell hole of a board ... but I took my tax losses on Pred to offset my us steel meteoric run from 6 to 19$.... needless to say I won’t miss any of you pumpers ... good luck with this dump
I just took Pred tax losses today and will do more
You are wrong in that regard. My posts have been deleted multiple times on other boards when they were about the company and certain spam posters like yourself are allowed to remain on boards manipulating stock sentiments. You think you are righteous but you are not.
This is another scam defunct company... you are better off throwing your money into a dumpster fire.
I agree with your assessment of the state of the country ... but with regards to us steel stock... I do believe it’s made some positive forward looking moves. It is currently trading under its book value and I do believe it will become more profitable.
Also you keep pointing out downward gaps in your posts... there are also upward gaps from over year ago that need to fill.... you perspective is to obvious and your motive haha... no one buys or sells based on your covid news... we’ve been watching covid news be jammed down our throats for 10 months.
When I click your recent posts... it appears every single cyclical stock that is having a run you are trashing... you are probably short of all of these.... another ihub fanatic with no life.
I said next 2 years. US Steels acquisition and investment into self has helped them against competition tremendously. I am a professional engineer...working for a large general contractor... none of our jobs have shut down because we are considered essential... steel still being ordered and delivered to our jobs and concrete still being poured... bridges need to be fixed regardless of covid. You just watch! This is NY by the way. Things will only get better.
Hold on to your seat belts I think this can goto 72$ within the next 2 years
Well I’m just going to offset my gains no sense in paying taxes when I got this turd nugget.
Well... I’ve been holding Pred for a long time ... long enough to lose all of my money. I’m gonna be unloading shortly... got no hope for this garbage
X going for a ride back to $30. Get on while you still can. US steel has a lot of potential for the future. Opening the plant using recycled metals will make them more competitive with reliance steel, cliffs, Nucor, and stld. They also invested money to modernize their Pennsylvania operations.
The wash-sale rule was designed to discourage people from selling securities at a loss simply to claim a tax benefit. A wash sale occurs when you sell a security at a loss and then purchase that same security or “substantially identical” securities within 30 days (before or after the sale date). - schwab
Wash sale rule only applies to shares sold at a loss.... if you are selling gains and buying back lower... there is no wash sale.
If the deal states nikola has to purchase hydro cells from GM... what is nikola exactly if they don’t even produce the fuel cells ? I just don’t see how any of this is positive. Nikola will not be able to compete with any other EV company. Really sad.
So they will never get off grey sheets ?
When is Pred going to file 15c-211 to get off gray sheets ?
Someone sold 1,000 shares
The only thing that can save Pred is a reverse merger
There’s flu tests and still flu shots
Not true.
Why would US steel spend a billion dollars on arc blast furnace open it and then sell the company... highly doubt it... I believe US Steel is going to shoot up to 40$ in the next year.
Schwab let’s me buy
All I care about is when does 211 go through and get listed again.
Just bought some
This company in needs to communicate....
Yeah I know I wrote lol
Just bought some
I’m still here and long and regretting it.
This was posted on their Instagram 8/27 https://www.instagram.com/tv/CEZ_lxQDe2-/?igshid=14w93jcqip89p
This was posted on their Instagram 8/27 https://www.instagram.com/tv/CEZ_lxQDe2-/?igshid=14w93jcqip89p
I just got an answer from Richard kaiser.... next earnings report sept 29th... kits are in USA... and awaiting finra to approve 15c-211
Yes I read all the time about my current equities... i am just traumatized by the IHUb toxic board community.
You keep posting articles from months ago. Please stop. Thanks
PRED investors we should set up a petition like the CYDY board
https://www.change.org/p/u-s-securities-and-exchange-commission-sec-enforcement-to-investigate-andrew-left-of-citron-research?recruiter=835130576&recruited_by_id=684d7b30-cb2b-11e7-adeb-cb6cd75eae78&utm_source=share_petition&utm_medium=copylink&utm_campaign=psf_combo_share_initial
US steel raised 426 $ million on 50 million shares that means 8.52/share ... JD 40 stop with your fake news ... definitely shorting stock and clearly have vested interest.