Carthew Bay Technologies (fka CWBYF)

[nsomniyak]

Good question, Renee.
>>If there had been time to warn investors what type of warning would have been effective with you for you to have avoided getting caught in the predictable SEC Suspension and inevitable revocation? <<

In all honesty, probably none. The mistake was years ago, buying the damn thing. By 9/3/14, I was already down over 95% and had long since relegated the stock to the "hope for a miracle" bin. Mentally I had written it down to zero. The only energy I had around CWBYF was reading a post here every 3 months or so. I certainly was not tracking it actively, let alone buying more.

Additionally, there was no liquidity in volume - the number of shares I held was WAY higher than the average daily volume. There was really no way I could exit the position. Lesson learned there (again).

All in all the answer to your question is that there is probably nothing at all you could have said to me to make me try to exit on September 3. Maybe on December 28 to capture a tax loss, but the difference between selling for a 98% loss on 9/3 vs. doing a write off of a worthless security for a 100% loss later this year is a very small delta in my tax return next April.