Don't really understand why the CE couldn't have been enough......we, as investors could make our own decision to buy or sale based on the warning. By suspending, we can't do anything but wait, while our funds are tied up. Company had already filed 2Q earnings, which were very positive by the way, on August 15, and actually coin desk has BC @ $ 4,460.00 as I type this. All positive!!
I originally bought on 8/11 and 8/14. Then the CE hit that evening AH. know I made the decision not to sell since, but based on the info I found, and the pps coming back, I thought it was still ok. I use fidelity, and knew I couldn't re-purchase once sold, another factor in my decision. I was just trying to recoup as the pps recovered.
I know it is on me, but some folks don't understand that this is a serious blow to some of us like me. I know the CE was there, but that doesn't always mean imminent suspension, delisting, etcetera. Some will say you should have cut losses, and got out. The stock had regained 50-60% from post CE lows, and 2 green days in a row. So, why not ride it to see where it goes. I figured I could sell, if need be.
The suspension changed that. I know it typically doesn't bode well, but hopefully the company was being honest in their statement. If so, we still have a chance of recovering and exceeding where it was suspended, considering what the crypto currency markets are doing.
No need for anyone to post how stupid or delusional I am, I can still hope for the best, since that's all I can do at this point. Just wanted to give everyone a little perspective of someone that got caught in this.
Main thing I am having trouble coming to terms with is, why BITCF, and why now. Someone mentioned several other companies yesterday, including DRYS, and another is GBSN, who reverse split and dilute mercilessly, but guess what???? They are allowed to continue to trade and investors can make their own decision to buy or sell, even without a CE. Know there are many others also, just frustrating. If BITCF is guilty of fraud, then by all means, charge them and arrest them, but what if they are not..........then the shareholders get punished anyway. Only time will tell.
