Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
6,850.03
(
0.49%
)
US TECH 100
24,574.00
(
0.54%
)
Dow Jones
47,987.25
(
0.15%
)
Brent Oil
96.38
(
-3.48%
)
Bitcoin
72,203.00
(
2.02%
)
News Focus
News Focus
Post# of 46124
Next 10
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

flaflyersfan

Send PM Follow Ignore
Followers 396
Posts 28517
Boards Moderated 3
Alias Born 03/03/2004

flaflyersfan

Re: razorback74 post# 12458

Monday, 05/07/2012 12:21:15 PM

Monday, May 07, 2012 12:21:15 PM

Post# of 46124
razorback74, the 5,000,000 S-8 shares were all free-trading as of Friday and can only be used to pay insiders and consultants. They cannot use them to buy groceries or put gas in the car so they must be sold into the market to be worth anything.

It is more likely that the S-8 shares come to market in the current .20-.30 range while shares held through the Reverse Split are still tied up.

Typical penny stock management move.

Good luck.

It takes no talent or skill to buy a stock and hold it forever and pretend you are smarter than everyone trading them and making $$$.

Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Detailed Quote
Recent CRTG News
More CRTG News