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18/05/23
08:29
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Originally posted by bungalowbill:
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I put $500 into this and it's now worth 45 cents , that is what happens to your money here. The market money is just free money for them to keep the family company able to pay wages. Why would you put money into a company that doesn't have buyers on screen, and has 1.5 billion shares permanently on the sell side? Everyone knows they will soon do another 150-to-one consolidation if processing starts . Currently, there are about 700 billion shares the equivalent value of shares taking the 150-to-one consolidations into account. But there are always new people who think cheap is cheap, they know this well. If you buy in and they consolidate, you will lose 90 per cent overnight. There are many desperate to get out
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Agree this stock eats your money. Just like youself my $stocks are now worth $6.67