Stock market

[Dan_AKA_ROY23]

Fairly mute response by the markets. Prices off lows, oil giving back gains after the huge pop.

Israel taking out Iranian nuclear facilities and killing I heard 20 some nuclear scientists.... isn't a negative for financial markets. Quite the opposite (I agree with mkd, my reaction is about the nuke part lol)

Next couple weeks could get bumpy...

[Jeff]

Can any stock market experts explain wtf this means?
I have stock in this company, about $5k invested and it was removed. Then appeared a week or so later at a value of 0.

[mkd]

OTC markets are known for much looser filing regulations which means risk.
 OTC kicking them off for lack of filing doesn't sound good at all.
 I've avoided penny stocks and OTC markets.
 Not sure .

[mkd]

Call your broker

[gcode]

As near as I can tell, you must be a broker to view quotes in the Expert market and must go through a broker to
trade. I suspect that the Pink OTC's valuation of 0 is probably pretty accurate. 

[Newbeeee™]

IDK but reading that looks like a CDC/FDA authorised medical report.... "predict, target, should, could, estimate, likely, may,  yada yada....

[Jeff]

So basically I should just label this stock a lost cause and count my blessings that I didn't invest more.
I had a couple of chances to pull out when my money almost doubled over a year ago.

A coworker of mine has a LOT more than I do invested in this stock, ouch. But he's also got a lot more expendable cash than I do.

[Newbeeee™]

I hate the stock market for this very reason "prices may go up as well as down".
#RobinBastards

[mkd]

People were all scared of Alibaba getting delisted being traded as an ADR.
 It only means that you will have to access the Hong Kong market if it's delisted in the US. The shares are still there. Even though with an adr you technically don't own Chinese company.
 I don't think the shares have gone to zero, but liquidity is probably an issue. I would call your broker.

[Jeff]

I don't think the shares have gone to zero, but liquidity is probably an issue. I would call your broker.

I'll fire off an email to Fidelity.

Here is what it's showing me currently.

[Jeff]

Speaking with their live chat, they said that it was moved from OTC pink to OTC expert because they failed to maintain their regulatory filings.
So pretty much what MKD said.

He might as well have replied in Greek lol.

[mkd]

Speaking with their live chat, they said that it was moved from OTC pink to OTC expert because they failed to maintain their regulatory filings.
So pretty much what MKD said.

He might as well have replied in Greek lol.

Yeah, the pool of possible buyers is slim in such an obscure listing, so selling at this point might prove difficult (illiquid). Price might have to be adjusted greatly to attract somebody willing to deal with the hurdles... Which honestly I have no idea... So 2 cents..
 Might just have to wait it out until they get their act together... Or don't 🥺😐
 

[mkd]

I hate the stock market for this very reason "prices may go up as well as down".
#RobinBastards

T.I.N.A
 There Is No Alternative.
Central banks are guaranteed to devalue their currency worldwide.. it's a literal race to the bottom
 The only thing we can do is hold assets that have their prices inflated as the currency goes down.
,
🤷🏻🤷🏻

[Newbeeee™]

T.I.N.A
 There Is No Alternative.
Central banks are guaranteed to devalue their currency worldwide.. it's a literal race to the bottom
 The only thing we can do is hold assets that have their prices inflated as the currency goes down.
,
🤷🏻🤷🏻

Oh I agree. But still Loathe it.
With a passion.

[Del.]

Just hit all time high.