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Big Brother

05/11/20 11:31 AM

#1017 RE: Potse #1016

Nice find, will be keeping a closer eye on this for sure now.

Potse

09/06/20 11:25 AM

#1019 RE: Potse #1016

LWLW...reduced my position.....

It might be worth monitoring LWLW a little bit closer in case something develops here. Whether the RM below has been actually completed or not, this information is an encouraging sign that there has been some type of activity going on behind the scenes. Some of the lower float types of shells seem to be heating up a bit more recently. LWLW has dropped down again to what I think is a pretty attractive area for entry/accumulation.

Risk/reward anywhere around this $1 area looks extremely enticing. Definitely high risk because of the filing delinquency, but the "reward" part of the equation probably makes LWLW worth taking the chance.



I've reduced my position in the LWLW shell. I don't like taking a large loss on this shell, and this could end up being a huge mistake on my part because the potential upside here could be absolutely massive. I was hoping to hold my full position through at least the end of 2020 and then reevaluate the situation/delinquency and risk/reward early next year.

But with the SEC recently targeting some delinquent shells that have filed their 2018 annual reports, I felt it was prudent to reduce my exposure on this shell.