Replies to post #60747 on iTalk Inc. (fka TALK)

[Scott12]

Yes, Glasgow would make $17,000 for every .0001 increase in price, but the same is also true if/when the stock decreases by the same amount. Risking that much money in a penny stock, especially one that just filed for BK protection,IMO, is foolish. Glasgow bought 5m shares of FTNW years ago before it was delisted from the OTCPink tier to the grey market. That stock was on the grey market from Sept of 2014 til this past December and then 5 months later in May of this year they enacted a 1-20 reverse split. I doubt Glasgow is too happy with his investment in that other stock. From what I could see, looking at those purchases from years ago, he is still under water on that other stock.