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awesomestockpics

08/26/17 2:05 PM

#17799 RE: LOYS #17795

i just don't get all these suspensions. what are they doing wrong? screwed up dude

bogblog

08/26/17 4:48 PM

#17808 RE: LOYS #17795

There's no "straightening out discrepancies with the SEC". BITCF is done for the forseeable future unless some miracle occurs. You have to play the odds: it is exceedingly rare for a grey market stock to return to the OTCs. Most of them dry up with no volume, near worthless, and with no bids/asks. The question isn't whether you should sell -- it's how good of a price can you get and how many days or weeks are you willing to give it. Those are good questions to consider for shareholders.

I typed this (above) but then I just read BITCF's response to the SEC suspension, and it is a good letter and I found it quite persuasive. Perhaps it's not as gloom and doom as is made out above. Maybe BITCF will be a rare phoenix stock. Only time will tell I guess. I don't know much about BITCF's fundamentals, so to a casual observer this looks like a crapshoot.

All IMO. I have no position. I'm not an adviser. Do your own DD.