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Re: just Scottie post# 12073

Thursday, 07/09/2020 5:30:31 PM

Thursday, July 09, 2020 5:30:31 PM

Post# of 12500
stocks that get suspended for delinquency get revoked 100% of the time. the only variable is how long it takes. some happen very quickly, others take a year or longer. it will trade on the grey market until it's revoked unless it's revoked as soon as the suspension is over. once it's revoked, shareholders will hold shares in a private company.

so, shareholders have to decide for themselves what to do. they can learn how the grey market works by studying other tickers that went through the same thing and try to liquidate at the best possible price. or... (see caveat)

shareholders who believe in the company and think their investment will pay off in a private company can simply hold their shares. if they really, really believe in the company they can even try to buy discounted shares on the grey market.

either way, those that are prepared for the grey market will likely do better than someone that doesn't have a clue. anyone that wants to study can use the following link as a reference. it is outstanding.

caveat. given that the current share price starts with 4 zeros it is doubtful that there will be much retail trading on the greys anyway.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=155531088

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