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boston127

02/13/24 1:00 PM

#48687 RE: fooney #48686

I believe that there is enough data

to hold a small position here. As far as CMKX, no longer in business. When there is an RM, there is always a massive RS to existing shareholders. The new mgt. and shareholders get shares of the newco, paid for by the fact that they are investors or managers. Or, the old shareholders are given options to leave with nothing, or buy shares in the newco with no discount.
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MJchessmaster

02/13/24 1:46 PM

#48721 RE: fooney #48686

For me, it was the worthless AWGI in where I had a few Hundred Thousand shares. Went from .50 cents or so to $214,000. When the new company came in and it turned out to be DRFS a Vegan Food company only then did everyone leave and the stock came crashing back down. I hope I have better luck and less greed with IGPK.
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boston127

02/13/24 1:55 PM

#48726 RE: fooney #48686

Mates - Be the Lion in the Group

I love NAZ stocks, like Lion Group Holding. I hate pink.