News Focus
News Focus
icon url

bar1080

01/30/17 9:24 AM

#117322 RE: pennytradingnet #117321

Rejoice PTN! There <<is>> something you can do: Sell that stinkin' penny and never buy another one.

Shun NASDAQ-CM stocks. Most are terrible quality and they only get worse when delisted. That's how successful investors like me handle junk stocks, and its utterly effective. I've never experienced a RS in decades of investing.

Understand that the broad stock market is at record high levels. I doubt your pennies are.
icon url

janice shell

01/30/17 2:40 PM

#117328 RE: pennytradingnet #117321

That's ridiculous. Why are they doing another so soon after the last? It's only been a month. That one reduced the o/s to 666,277 shares. There must be some big conversions coming up.

You could call FINRA to object, but I doubt it'd do any good. They may, however, have some questions to ask on their own, considering GBSN did FOUR reverse splits last year. They look to be trying to take away NEWL's title for most reverse splits in the shortest time.

Unfortunately, this sometimes happens with former Nasdaq or NYSE companies that have defaulted on their debt, or are about to.