GREY:NPCUF - Post by User
Post by
zamani11on Jan 09, 2013 1:04pm
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Post# 20815716
My Experince - Watch out
My Experince - Watch out I bought this at 0.015 after the drop. I did some study on the facts such as Insider dump over 6 mil shares (still eaTING your money).
My research has shown me that there are two possibilities:
1) 10 to 1 stock reverse split which gives institutions power to bring it down even lower (0.5 cents after the split).. I have seem this MANY times to be fooled again.
2) stock to remain between 0.01 and 0.015 for over a month, so the company can request DE-LISTING - (READ OSC DELISTING CRITERIA).
I think the later (number 2) is in play and fully controlled by the institutions.
My advice to you is get out while you can. I tried to sell at 0.015 to get my money back but it was IMPOSSIBLE. there were so many sitting before my ask, so I sold at 0.01 with a loss.
Watch out and do your DD