Wednesday, May 27, 2015 9:05:53 PM
This occurs in the early going of a stock that begins its history micro penny. The 'nattering nabobs of discontent' take no chances when making their 'bets'.
IMHO...this whole snafu dates back to changes in reporting requirements for 'foreign' corporations by the SEC. New rule changes enacted in the early going of this stock has had it patiently waiting for its day in the sun again.
Today the problem is incredibly simple.
Rules are such that the price can be walked down to .00001 virtually at will.
lol...for now that is.
IMHO...you came here for glory...now is the time to buy(if able) or continue to hold for fair valuation with a generous price multiple for its industry. It's up to you.
Mr Winnick did say...'stand back...watch...and learn my lil' grasshopper'.
jmo
Mr Peter Barton
scorpio70
(The 'elmira' Oracle)
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