InvestorsHub Logo
Followers 287
Posts 21275
Boards Moderated 4
Alias Born 09/16/2009

Re: NewTrader2017 post# 56789

Wednesday, 01/31/2018 2:40:04 PM

Wednesday, January 31, 2018 2:40:04 PM

Post# of 56915
Once it again it is a discussion board. Some people who bought this turd bought other steaming turds as well. As to groups pumping it, sure as that is always the case in the OTC. As to the assessment of reported to the SEC, that would be false, as the insider here were dumb enough to keep using the same name to dump their newly printed shares which triggered a SAR that eventually got the DTCC's attention who placed a Global Lock. A Year later the insiders that the lock was going be lifted and started filing corporate actions, which then caught FINRA's attention for the second time and we'll they took it the SEC likely for suspension and eventual revocation.

You could not short this stock, it never had any short interest or FTDs of value. It cost $2.50 a share to short, nobody shorts penny stock at this level. You might when it pops up over $4 and you dont have to margin $2.50 a share. This was never more than $1 before massive dump.

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.