Monday, November 12, 2018 11:41:50 AM
Nothing is going to stop a sell off after a reverse split on the OTC. Unless the company funders and insiders slap the ask really strong, after.
Since they let it go no bid before (which make no sense) I don't expect them to do that.
My call is plan a get even plan; take some losses, (a portion of total holding) put that cash in a high divvy stock while watching the new walk down and when the powers decide their done and want to start to build the company store line again. Close the divvy and buy back after a bottom bounce. This all could take months IMO.
We'll see. But any way one looks at it IMO nothing positive will be seen this year and a loss now can help with this years taxes. And a turn around next year, will build your restructured position then.
Welcome to my mind!
Success to all
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