Very interesting documentation here and by several posters over time trading this one, I agree it's a textbook case of how retail investors are scre@$ed over by the MM's laughing behind our backs, the SEC, FINRA etc., but maybe they're being forced to make a few tweaks.
FINRA has been making a few other changes too lately, like not making it as easy for sleazy management to milk the share structure by diluting to the multi-billions, reducing PPS to sub-sub pennies to the extra decimals then R/S upto 2X/ year, rinse and repeat. To allow the co's keep on siphoning out funds the co. doesn't have incl. for personal greedy self-authorized compensations WAY WAY more than the rev's support, b/c they know they can go to toxic financiers as a last resort and then leave it all on the silent bagholders.
And we don't know when the scammers are in fact the company, the MM's and others operating operating openly or the management...
so ironically management which is being victimized too is often blamed falsely.
When the SEC has allowed its lack of oversight to get too far then sometimes they just shut the whole thing down without warning leaving us poor sot retail investors holding the bag yet again.
FINRA has actually been denying some co's their blatant requests to do that -- I would post details here but not allowed to use other co's names or symbols. So some planned R/S's may not be happening b/c the co's aren't allowed: could be one factor coming into play here, when the management says no R/S is planned maybe they suspect they'd be denied anyway?
GO GNCC LET'S HOLD OUR SHARES SQUEEZE THE SHORTS .001 min. soon!
