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I understand and we all are now better

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Truenorth2016 Member Level  Tuesday, 11/03/20 11:45:26 PM
Re: xyz1002 post# 64432
Post # of 65525 
I understand and we all are now better traders because of this. I know what to look out for now and I have to admit, sometimes its not good to block these bashe*rs out. Some end up nailing the problems the company had before other finally catch on.

I am still in awe that this company announced a darn reverse split at the HEIGHT of a bullish run. I have never, ever, ever, ever, seen this before in OTC Land. The stock could have been trading at .02-.03 by but they chose .0016 instead. They could have done like IGE* and ENZ* and waited until the stock rose over 01 to start diluting if they needed extra business cash.

I had 15 MIL shares and sold all except 2 MIL. I have no idea why I am holding on to these shares as the pps continues to sink, but they are free shares so I no where near a loss on them. I still believe something may happen at the last hour with this play...

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