InvestorsHub Logo
Followers 53
Posts 5678
Boards Moderated 0
Alias Born 02/28/2014

Re: None

Thursday, 05/06/2021 9:56:46 AM

Thursday, May 06, 2021 9:56:46 AM

Post# of 49015
Trading ACRL is interesting. Someone who is now sold out of their initial investment and is in the position of using free shares (no shares are free, someone had to pay for them). So having made 300% for example on the trade so far, why would someone then sell their lower purchased shares then add to their position when they are trading free shares? That would mean they are paying 300% more for the new shares when really it would have been better to just hold onto the initial investment.
But given ACRL has no assets, no revenues, I understand why scalp trading is the method used because in the absence of news ACRL investors have to hope for stories about greatness. Cease traded, inability to file audited financials, out of compliance, maybe being investigated, ineffectual management I guess all you can do is trade the shares since holding them would be very risky.

Someone must be a rookie here...paying all of that commission to buy 100 shares.

05/06/2021 09:37:54 0.027 500 0.00
05/06/2021 09:35:28 0.0269 100 0.00
05/06/2021 09:35:28 0.02615 100 0.00
05/06/2021 09:34:32 0.0253 25,000 -0.00
05/06/2021 09:34:10 0.02615 100

Pumpty Dumpty