InvestorsHub Logo

Rsarabjit

10/23/17 9:41 AM

#36437 RE: gc2 #36435

Dont know. But im waiting for the next pump on this stock and im out. Holding for to long now

PennyHoper

10/23/17 9:59 AM

#36438 RE: gc2 #36435

Maybe with higher-tiered trading platforms (e.g. NASDAQ, NYSE), but I think OTC only cares about whether a 'broker dealer' will quote them, and whether financials are current (I think they've gotten tougher about this on the Pinks, of late). As long as they aren't suspended or otherwise knocked out of the OTC market into the grey market, an OTC stock can sit untraded or minimally traded for years.

A dormant stock, without recent financials, that suddenly comes to life with too-good-to-be-true PRs could get suspended as an obvious scam. The one thing EGOH has going for it is that Ken has made its financials current (to OTC standards; but not audited). Since none of the all-talk-no-action PRs have made EGOH's stock price take off, trading hasn't been 'suspicious enough' to warrant a 'suspension to protect investors.' (The mostly-talk-little-action PRs haven't done anything, either.)