posted
i made bank on tfcy today and i am still in it after the close...
i got in trouble for critizing a reverse split but they are death.. so this stock was .10 and they decided to have a 30/1 reverse split..
well the stock holders were thinking .10 times 30 equals 3.00 bucks... well what happen was. .0001 subpenny land...
today they got news and it ran... it was not a pump during the morning run but once traders nation radio got hold of it became the talk of all the boards...
posted
thursday about 3 pm i droped 2k into tfcy....thinking the run would continue into friday AM... I figured I would take 2 or 3 clicks ( maybe 200) bucks and get out in the am...
trading suspended.... I inquired and it appears there is valuation questions on there 10Q filing.
So even if they did not get in trouble and got an audit and pulled this thing out I exspecting .0001 when trading restarts.
IP: Logged |
posted
oh, I could be wrong, to recover from this would take a PR that said, after an outside audit our valuations were found to be correct and trading resumed
IP: Logged |