Replies to post #15212 on DigitalTown, Inc. (DGTW)

[trader59]

Nope, the buying is simply some bottom feeders thinking that between now and the closing of the proceedings they'll be able to fabricate up a nice fairy tale and sell those $0.0002's for $0.0007 a few times. It'll all be completely false, since the company is now being shut down for good, but they'll pump the carcass as many times as they can until the stock is cancelled.

[Oracle]

52-week low was actually .0001, where this will be soon.

When Chapter 7 is in place, DGTW will get a "Q" at the end of the ticker, may get a small bump before it liquidates, then likely be de-listed (100% loss to all shareholders.)

Why 100% loss to shareholders, with no protection? Because the common shareholders ARE the owners, the ones who voted and approved filing for bankruptcy, even if insiders has the majority, it's everyone's choice by the vote.

Shareholders are no longer liable for company debt, they trade their shares, which get eliminated, in exchange for company debt forgiveness. It's the price of being a shareholder, you really are an owner. Hope this helps.

Happy trading!