Seeing many "good" stocks getting the "E" added because of late filings...
Investors get scared..sell..price of stock falls...
Is it a "good buying op"? As long as the Company is a "good one"...Hold for a few weeks...the Company files...the PPS goes back up...It works in my head...
Anyone have thoughts?
Posted by BuyTex on :
seems like I've seen it work both ways...ie, some good ones with E just keep moving up cuz folks know they're simply perfecting a minor problem...kinda depends on the stock and the thread, as I recall. But, ya, if you see panic selling and, say, call the company and find out it's nothing and the E will be lifted shortly, could be a good bounce set-up.
Posted by 10of13 on :
Thanks Tex!!
I am going to watch several of them...mark what happens...and see if it does work like I think....and then I will know for future if it is so!!!!
Posted by welk on :
I've seen some insane runs after the E comes off. I always watch for that. A couple on my list now are CYOS and RWNW.................
Posted by Johnwayne on :
CWLC(E) is a good E stock.
Posted by 10of13 on :
Welk and Johnwayne...just so I can be lazy...and since you 2 seem to have been following these stocks...would you be able to tell me what the stocks were the week BEFORE they got the E added? and then what the pps is after? Thanks!
Posted by SuperSniper00 on :
What does the E mean?
Posted by 10of13 on :
The E is what the sec attaches to a company's symbol if they have had a "late" filing...once they file the E is removed
Posted by Teno on :
GWGOE!!! haha just kidding mostly.. I am stuck in it. Funnnn
Posted by adlai on :
RWNW... haven't seen that one in a while... good stock to flip occasionally...
Posted by The Insider on :
quote:Originally posted by 10of13: The E is what the sec attaches to a company's symbol if they have had a "late" filing...once they file the E is removed
However, if the company does not file within the (I beleive 30 day) extension period, the company will be delisted from the otcbb and become a pink sheet stock. This is what scares many people when the "e" gets added. If they do file within the extension period the "e" comes off and they resume trading on the otcbb, but if they do not the "e" comes off also, but they now will trade on the pink sheets.
Posted by FIST13F on :
Question, I had PMED now PMEDE as of Friday. My portfolio list - 100% is that correct and when the E is lifted is my money still gone?
Posted by BuyTex on :
lol, was getting you the link to this thread--no, your money's not gone. Re-read this thread: they're late with a filing. You could see a big drop in pps if they move to pinks, but if they go ahead and file, it's back like it was...may bug a few folks, but basically no harm, no foul if they get their filing in...
Posted by FIST13F on :
Thanks BuyTex say hello to Cowtown for me. I think I will be back in Addison,TX soon. My year in Iraq is almost over. One weekend a month 2 weeks a year Texas National Guard, lol.
Posted by BuyTex on :
you betcha...look me up when ya get back and I'll buy ya some Lone Stars...tell your buds you guys are in our prayers...
Best, tex
Posted by 10of13 on :
If anyone wants to post on here what the stock was 2 or so weeks before the E was added and then what it went to the day or 2 after the E was added...and then how long it took to move the PPS...and to what..maybe we could all keep track and see if Addin't the E really makes a difference...over all...
FIST13F Be Careful...and take care!
Posted by 10of13 on :
Here's a few of the pennies that have added the "E" PMED "E" GWGO "E" IMHR "E" VITS "E" CWCL "E" CYOS "E" RWNW "E"
The PPS doesn't seem to be hugely changed on most...but maybe ever so slightly lower...
Now let's see what happens when the filings are done....
Posted by Seabee on :
SHRN(E)
Posted by BuyTex on :
MPWEE is getting called, tried to bounce this afternoon...