InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,288.07
(
0.38%
)
US TECH 100
18,227.20
(
0.45%
)
Dow Jones
39,116.14
(
0.13%
)
Brent Oil
81.65
(
0.41%
)
Bitcoin
67,154.25
(
-1.13%
)
Post# of 956
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

1manband

Send PM Follow Ignore
Followers 171
Posts 20520
Boards Moderated 5
Alias Born 09/06/2010

1manband

Re: Masterview post# 839

Tuesday, 10/25/2016 5:44:29 PM

Tuesday, October 25, 2016 5:44:29 PM

Post# of 956
This "play" is a guaranteed loser. The stock is being cancelled next month. Guaranteed 100% loss to anyone that holds it.

And the stock price hasn't gone anywhere. Just trading between the bid and offer, which is a massive spread because the MM's are not stupid. They know the stock will be worthless next month, and are happy to make a few bucks on anyone foolish enough to buy it. And there is absolutely no shortage of sellers. Most people are smart enough to read the filings.
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up