Why would they get suspended? They filed filings and made 0 promises to the public. There are no expectations from anyone and ATPT doesn’t even have any business operations. There are ALREADY skull and cross with zero developments so I’m not sure how much worse this could get...and nothing has changed other than the fact that ATPT has now reestablished communication with the SEC. Most penny stocks see a sell off if news takes a long time to come to market, but this has only rallied harder as anticipation grows while no new developments are revealed. I hope the CEO rides this momentum and holds off on releasing material news for as long as he can. I dk, jmo but even if I was a billionaire, I wouldn’t waste $80,000 on filings just to pump my stock and tarnish my name.
Definitely a good point you make about the risks and feeling safe. I use the word safe loosely as I am not confusing ATPT with some long term high market cap dividend paying conservative play. What I mean by safe is that I still feel much safer holding this than I would holding dilutive pigs like most of the other OTC plays out there. We always knew this was a high risk stock to hold since it is skull and cross, is worth less than a penny, and has no business lol. That’s why it was trip 1s, BUT it’s also why people are buying. If this wasn’t CE, then the filings would’ve never happened and this would’ve never ran to these levels on speculation of why going current was so important. It would’ve been a pump and dump with no future developments or catalysts. But that just simply isn’t the case.
Thank you for reminding me though as it’s always good to re-evaluate from both sides of the coin. The reality is though, the RISK was written all over ATPT from the beginning as we all knew what we were buying. I understand the idea of not being comfortable owning a stock like this because, as you said, you just never know. I’ve got my eye on this and hope that I can exit if SEC were to for some reason decide to suspend this inactive, already CE penny stock.
On the contrary, you’ve been saying the same thing since .0014 and I just want to know when the rhetoric changes, or if it ever does. Or are you just bearish or very short term on every OTC stock?
Flippers are important as you’ve stated before and It’s nice to know that even after a run from .003 to .005 in a week, you still feel confident enough to consider holding over the weekend, especially since holding isn’t something you do too often. That says something right there!
All I’m sayin is, if the $80k spent was for a legitimate reason and this becomes more than just speculation, how many shares are flippers going to end up with once they decide to stake their own position? Not many imo, especially not as the price increases every day and shares are harder to come by.
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