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FlyFishingStocks

07/03/16 10:37 AM

#84210 RE: marzan #84209

Marzan, I have a few of these stocks that end up on the 'pink sheets.' Not one of them over the years has ever come back. Sorry, that is probably not what you want to hear but it is what HFs do; they kill stocks on bad news. Personally, it was healthy for me in the long run to erase them and move on, knowing that winners would eventually emerge to compensate :)
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Whalatane

07/03/16 11:42 AM

#84213 RE: marzan #84209

Marz I was long and then short the stock you mentioned .

I went short ( briefly ) because my wife's dialysis dept refused to use Omonty ...to many questions.....and wanted to see how Fresenius Medical did with it.

Omonty did fine for the first 20,000 or so applications and then disaster . Doubt if its ever coming back .

Sorry for your lose.
Kiwi
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sts66

07/04/16 2:23 PM

#84260 RE: marzan #84209

Like FFS mentions, very few stocks ever recover from the pink sheets if they got there from delisting - I'm still holding two in my cash account that ended up there after I bought them many years ago - waiting until I need the tax write-off to sell them - hopefully R-IT will produce the opportunity to finally get them out of my stock account!