My gosh, yes. Some of the boards are down to a trickle of posts since Etrade, TD Ameritrade, etc. will only accept orders to liquidate positions.
I’m also seeing denial of the September 28th regulatory enforcement date, claiming it’ll never happen. Like if you deny it, it’ll all go away.
One of the boards I follow was an SEC registrant, but the Nasdaq filed a delisting determination, and now they trade on the OTC with literally no one running the company. The transfer agent says they filed Chapter XI Bankruptcy in 2015, and their services as TA were discontinued since 02/24/2015. Yet it continues to trade thinly while there are constant claims of millions of naked shorted shares, counterfeit shares, phantom shares, shares are locked up, or any other of the nonsensical names given to stock trading on the OTC.
I cannot wait for the SEC to stop the insanity.
