This is the way I look at it.
They already got suspended n moved to the grey market, right? Right!!!
At the court hearing it got delayed until July 23 from getting revoked, right? Right!!!
Obviously, the courts are giving them a second chance to do something different, wether they can or not but only have until July 23, right? Right!!!
I see where ur friend is coming from because I am also holding mine UNTIL they get FULLY REVOKED.
Why do u ask? Because if and only IF, they are able to do something to turn this thing around, I will get whatever I invested in this "moneywise" and probably a little more.
Don't get wrong, the chances of them getting this thing back up are SLIM to NONE but there is always a chance they could do it.
Now, idk how much ur friend invested in this but me, I can care less as this is STINKY PINKYLAND. There are very high risks in these stocks all the time.
Me, I have millions of their shares but all in all, I only invested around $2k buying at 1s n 2s. To me, that's chump change and as of now, I've lost about 90% value to it. So I've already considered this to be a total loss and if it finally gets revoked, I only lose that extra 10%, which then I will use it as a FULL TAX WRITE OFF...
All these other people that are selling, they are selling because they are scared. Me, I don't give a hoot...
But if they are able to turn it around and get back in the game which is Highly unlikely, but definitely Possible, then I already have my front row tickets and eating my popcorn waiting for the show to start...
Hooe ur friend makes the right decission.
Freak'n'Rican out...
