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Re: john12 post# 57340

Monday, 10/15/2018 9:56:20 AM

Monday, October 15, 2018 9:56:20 AM

Post# of 58002
My experience with BK companies coming out of it has been that one fine day all of the filings come current at once and the stock price spikes up. With a low S/S like we have here that could be all the way to .07 or so. I made the mistake of selling on the spike when the real run came later when a credible business plan was announced. That is where the real profits lie, but it is oh so tempting to take the first run profits. One company I had went up 1,000 % on the filings announcement and there were 5 Billion shares outstanding. It pulled back before the new plan was announced. Selling early and trying to get back in is risky business because the business plan could be announced immediately behind the filings. So who knows what will happen here.