PacWest Equities Inc (PWEI)

[Turkish_Master]

No to toot my own horn but I had sold all mine yesterday before close. The high float, picking the same ticker twice, and the ever so decrease of APS's promoting reputation made me get in and out quick. Granted, I only made about 12% on this but in hindsight that was plenty.

I was involved in KMA* last year that also went on the greys. That wasn't a P&D either, just a reporting OTC co. with a great outlook. Turns out the CEO wasn't doing things in order and the SEC suspended for two weeks like they have here. That stock plummeted 50% after it opened with high volume intially, and as volume faded away the price kept declining. In about 6 months the price came back up to pre-suspension levels. I think it was at .014 when it for suspended in September and was back at that price by April.

So the moral of the story is you can get out with modest losses if you don't panic and sell right away. The decision is ultimately up to you but that's my experience with the grey markets.