Something I learned long ago, do not take any advice from your local branch office concerning pink trading, most of these people are trained on big board trading and have very limited knowledge of pinksheets let alone greys. Simple fact is their industry does not look upon pinksheets with any value period. Most are stuck here due to the pinksheets still existing and would like it to go away. They do not make a lot of money off of these, in fact most are saddled with so many fees that the profit margin is not all that large here.
Take a look around, MMs are reporting huge losses each quarter, the market volume has dried up so much that everyone is struggling to keep their earning up. This is the one place they would love to cut as it just does not make them the money like it used to.
Yes congrats to those short, but also to the ones that read the charts and got out when it failed support when the company failed to deliver on it’s own deadline for news. Luck sometimes is good timing.
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