Alcar Chemicals Group, Inc. (fka ALCX)

[to_profit]

That's right!
I'm also holding. No point to sell at this level. Yes, if I sell I could get back $12K out of $40K I’ve invested in total. What’s next? The human nature is such that one will be trying to recover the loss ASAP. How? The only way to recover such a huge loss would be investing in another pink stock and…. most likely lose the rest.
In fact, nothing goes wrong with ACMG. They announced restructuring, gave AC a job offer and put on hold their operation in Canada. What’s wrong? Nothing!
The positive is that ACMG is under “smart accumulation” on no updates - I’ve seen this waiting game many times - somebody is really interested in taking control over the float. Who? Maybe Siam, maybe NS covering, maybe both.
This stock will work out, IMO. However, the biggest concern I have is that they may want to take it private at this level. Then, the price we could get would be “last trade + 15%”