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For those that have been trading a while...
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?
-------------------- #1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards!
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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.
-------------------- Nashoba Holba Chepulechi Adventures in microcapitalism...
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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!
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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.
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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?
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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...
-------------------- Nashoba Holba Chepulechi Adventures in microcapitalism...
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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.
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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!
-------------------- #1 Rule: Protect your capital! #2 Rule: Never fall for the BS on the boards!
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