I assume somebody was locking in a trading loss for tax purposes, or maybe just wanted to clear CCME out of their account so they don't have to look at it on their brokerage statement anymore.
I'm here because I was interested in this stock before the latest debacle, and this is an opportunity to learn. I know that this is a really exclusive board, consisting of brilliant successful investors like yourself, so thanks so much for allowing me to post.
Morepave, I have a question for you. I have been assuming that since NEP moved to the OTC BB, they would be pretty much allowed to act however they wanted to act without interference. But consider CMEDY's situation. They were delisted by the NASDAQ and began trading on the OTC BB as CMEDY. Now the SEC has suspended trading in CMEDY because of questionable activities. My question: Is it plausible that the SEC will AGAIN suspend trading in CNEP? As far as I can tell, nothing has changed in CNEP's situation since the SEC suspended trading at the end of February.
(Before anybody accuses me of bashing, I have no position in CNEP)
You read about "investing" before the 1929 crash, when people traded on rumors they picked up from their shoeshine boys. I guess history is repeating itself. Go to Vegas instead --the odds are much, much better there.
Let's see now. At 2.14 Billion shares outstanding, FB would be worth 2.14 Trillion dollars at 1000 per share. Roughly the Gross Domestic Product of Great Britain, just for a silly social network. Right. I believe you.
I have been watching AOB, which was delisted and started trading on the pink sheets at the beginning of the week under the symbol AOBI. It was halted on March 16 at about 1.50, and has been trading this week on the pinks mostly in the 0.40 to 0.70 range. But one trade was recorded at 0.055, totally out of line with the other trades. I wonder if that was the result of a market order instead of a limit order. So seller beware in the pink sheet market.