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Monksdream

07/15/22 4:51 PM

#556657 RE: naturallyk2 #556654

That is a damn shame, but it is gradually becoming par for the course.
Another company that elects to delist.
Increased number of reverse splits, ridiculous reverse splits like one for fifty
Companies that sell assets just to stay alive operationally
Companies without a chance in hell of ever amounting to something elect to merge which means the management gives up its autonomy
Companies that don't even bother to file, which means an automatic delisting to Cromwell Coulson's stock market
Bankruptcies
Companies that make deals with toxic lenders, which means from every dollar the toxic lender lends it makes at least 50 percent on the loan in extra stock until the loan is satisfied (read: dilution out the ying yang)

If you want to worship these companies in the way the Israelites worshipped the golden calf in Cecil B Demille's classic movie The Ten Commandments starring Eddie Robinson and Charlie Heston, that is entirely up to you