Friday, April 06, 2018 1:58:15 PM
https://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=%252bnNW3Lb8WSUYl9ZU5hjo2g%253d%253d&CorpName=ENABLING+ASIA+INC
I held onto a shipping company with real sales. (From 15m to 125m in two years) $ops all the way from 3.80/share to .45 and bought all the way down. Took a monster loss.
It bottomed out at about .15 before recovering to .25 when the dilution ended. (So we all thought)
Then, in the last few days they did a 10/1 RS and it started climbing again.
Now, they started it again and is down to 1.50/share so far and I see it hitting.50 area very shortly.
Sometimes capital preservation is the wisest move and not going down with the ship.
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