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Re: trustme post# 4175

Tuesday, 09/22/2020 2:15:41 PM

Tuesday, September 22, 2020 2:15:41 PM

Post# of 15334
Before you hold DGTW for 00s, see TODAY'S CHART for ZNGYQ, also in Chapter 11. Trading shut down at yesterday's close, bye-bye. They recently pumped it from 0001 to 0008, and now, well...no ask, no bid, 0 volume.

DGTWN is not a smart hold. They have an outstanding court judgement against them by the former CEO (he won), and couldn't afford legal fees to fight him, so they went Chapter 11 to avoid asset seizure to enforce the claim.

I imagine the pump was to get some cash before the Chapter 11 freezes everything, as with ZNGYQ. Once it's in the hands of the court appointed Trustee, case closed.

Buyer beware.

Happy trading!