Yes, peeps can sometimes catch a lucky trade and score quad zeros, but the quote system only goes to .0001. I recall getting quad zero's on a stock last year...was bidding higher than that, but somehow they gave me quad zeros?? These pinks used to have par values at .001, some at .0001, but I've noticed quite a few lately being downgraded to .00001 (have seen even lower than that on those pos pinks that keep RS'ing their stock).
My point is, it's getting demonstrably more difficult to trade these pinks when they keep dropping the floor lower and lower. I'm not pigeonholing FCGD per se...370 OS and a float probably still below the 300m threshold, so minuscule dilution compared to other diluted pigs out there. Was the stock taken down for funders to load up for a run or is the company just getting the heck out of Dodge before closing shop. But why retain the services of an IR, even if he is somewhat ornery, if they were closing up shop? Place your bets and ride the waves accordingly;) GLTA
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