Replies to post #219 on Grey (or Expert) to Pink

[creede]

Hi Chyna,

I need to run the numbers again. Off the top of my head I think it’s about a 5% chance.

Last few days CE Grey to Pink has been higher. But that’s the exception for sure.

Regular (no CE) Grey to Pink I have no idea. Not even sure there is a correlation between the two events.

The reason I say that is because I have not seen a non-CE stock get moved to expert.

That would make non-CE stocks safer plays in one sense (no risk of being checked into the Expert Motel) but riskier in another.

I could find a grey that I know is (or was) a real company. Acquire some shares for cheap and be sitting pretty. But then, while I am waiting, the SEC could change the rules and make it near impossible to get off the greys.

This is what I’m doing with LBWR. I dumped it in 2010. Managed to pick up about 350k shares over the last few months. Now I’m going to wait and hope.

I’m pretty sure I dumped way more than that at a huge loss. Bought some back just case it gets called back to “The Show”.