Namliong SkyCosmos Inc (NLSC)

[nsomniyak]

I will jump in. I am not surprised to see the bid drop on the first release of news (or sign of life) in a very long time. Many, including me, probably forgot we even owned this POS until the ticker was flagged with news in our quote lists. I looked at the quote for the first time in months today - probably others did too. Some of those will react and sell into the bid, whatever it is, just be get out (and, like you say, capture the tax loss).

If there is any real sizeable demand for NLSC at .10 the bid won't stay there. On the other hand, we could see even lower bids prevailing until year end as MMs harvest the tax selling.