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Re: lumpy9200 post# 9275

Sunday, 05/02/2021 2:43:43 AM

Sunday, May 02, 2021 2:43:43 AM

Post# of 10050
When many of us find motion for custodianship filings......some buy at the outset if it is a good looking shell/good share structure etc. Some wait to see the result of whether or not the claimant is granted custodianship. This is the bottom floor. Most of these shells are no info/limited info/caveat emptor. Therefore....in future motions for custodianship....you or I will no longer be able to buy in on the bottom floor in custodianships or reinstatement plays. We will not be allowed to buy on the expert market (makes you wonder who will be allowed to) this is where the real money is made. We will no longer have that time to read filings and accumulate. We will have to wait until the custodian catches up with filings or as you said, the merging company may buy the shell and be the ones who catch up on filings. By the time all of that happens.....the stock opens up at a much higher price and most everyone knows what is going on. The difference between the bottom floor and how the process will play out now is possibly thousands of percents $$$$$. You may be lucky to break a profit at all. It sucks.

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