Being removed from an exchange is meaningless for tax purposes because there was never any requirement that they be listed in the first place. They haven't been doing SEC filings so they can't be listed on an exchange, so, they're trading in the pink sheets. As long as the company still exists and you have a position in it, then there is still a possibility of profit and you can't claim the loss - check also with your broker and c what they say
SLW is in big trouble - IMHO, there are serious questions about their whole financial model because of these new tax issues - very sad and I had such high hopes for this company!!
and he has been wrong for sooooo long, one wonders how he can show his face in public - claiming to be an expert? he is one more no nothing, scam artist!
r u serious? it can stay very oversold for a long time, as it continues to drift downward - hope u r right!!
complete disaster - i'm not sure if remarkable or unbelievable is the best way to describe this stock - I always get push back on this, but the current management team is not even marginally good - they are just plain terrible - a number of recently bad decisions have further cost this company in terms of stock price and credibility - really who wants to own this piece of c$#p - what fund manager even wants to show this stock in their portfolio.
don't forget the lawsuits that will be showing up in the next week or so - further long term pressure - we'll probably be down here for awhile - just unfortunate
to be more precise, it has fallen from mid/high 30s to less than 2 in that period - this is almost laughable and IMHO a clear indication of how terrible our managemtn team is
this stock is a piece of #$%$ - this is the message that you should be communicating to management - let them create and implement a strategy that increases shareholder value - is not that what we pay them for