![](https://investorshub.advfn.com/uicon/164310.png?cb=1645865690)
Thursday, February 09, 2012 3:14:37 AM
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=71892081
There is always a lot of talk about how the DTCC Chill has no effect, CRWV can still be easily traded, it's just a scare, and on and on. The FACTS are quite different of course for the DTC list that CRWV has put themselves on. The company put themselves on this list, got restricted by doing dubious and irregular business and market activities. There is nothing positive about the actions by a company who don't follow all the regulatory and accounting guidelines, act irresponsibly, do not conduct good business practices, and who then find themselves restricted by the DTC.
Now anyone can easily put together the list on a myriad of trading platforms and/or programs. Easily have rows of lines full of data with PPS, daily volumes, average volume, etc, etc. and easily sort to see whatever data one desires for this list. A little bit of time, but not that much and might save a lot of headaches later.
The best place to get all that is on the DTC list that includes CRWV is here:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=71657510
These stats that are easily followed with all the companies that now include CRWV are easily proven. Over half have gone to ZERO volume (so any statements or ideas of "trade them all" is completely false), and only maybe about twenty out of a few hundred can get over a 10 million a day volume. This is FACT. CRWV fell from that list of over 10 million shares traded today and the list was only 14 of the stocks out of a few hundred on the DTC list made it. Again CRWV wasn't one of them. There is only a couple of pinks that have EVER got back to full DTC services out of years and hundreds of restricted stocks. So the odds of CRWV getting this problem quickly taken care of are pretty much nil (no matter what the company or promoters want the market to believe).
Now what does liquidity have to do with it? Just the AS, OS, float, not being a trip yet, is all that matters right? WRONG. The regular trader joe/jane has to be able to sell enough stock to make a profit and have enough action in order to do it. And one more gigantic problem is coming down the pike. One never knows when a particular stock gets "chilled" by a particular broker and there will be other brokers following the Penson procedures for illiquid DTC chilled stocks. And everyone needs to know these procedures, because it is not if, but when, and some brokers will be sooner than others.
The lack of liquidity on the DTC list is just going to cost big time to anyone who gets stuck in them. A great video, notice, and some good ways to just do some number crunching (in other words, REAL FACTS) of where CRWV is going to end up sooner or later, whether there is a little run or no run. No scare tactic, it's just the way it is and will be getting worse.
Video of new charges for illiquid stocks
FEATURED POET and Luxshare Tech Expand Product Offerings for Artificial Intelligence Networks • Aug 1, 2024 9:28 AM
Management Discusses Financial Filings of Global Arena Holding Inc., for 10-K 2023 and 10-Q, 1st Quarter 2024 • GAHC • Aug 1, 2024 9:14 AM
VAYK Announces LOI to Acquire $1 Million Home Service Company to Support Airbnb Business • VAYK • Aug 1, 2024 9:00 AM
Duane Forrester Joins INDEXR as SVP of Search • MONI • Jul 31, 2024 11:46 AM
Lingerie Fighting Championships Help Fulfill Death-Bed Promise With First Major Motion Picture • BOTY • Jul 31, 2024 9:00 AM
Kona Gold Beverage Significantly Reduces Debt from Multiple Holders • KGKG • Jul 31, 2024 9:00 AM