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Wednesday, August 25, 2021 9:29:27 AM
US brokerages are switching to liquidate only and suspending trading in September per SEC direction. You’re going to see people moving to offshore brokerages (e.g. Bahamas scam brokerages) which don’t have the same open/ close trading hours. Also as the liquidity of these stocks will dry up you’ll see drastic swings in price up and down. However due to the liquidity/accessibility crunch it will be unlikely to actually be able to procure or sell anything at those higher prices at volume. This will soon look like one of those no bid stocks where Pedro can step up the price at will, people will buy in using offshore brokerages and be stuck forever as they won’t be able to offload volume or cover the offshore trading fees.
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