So I'm in a super unique situation with the pinksheet stock axxa, it used to be tlnuf and I bought 500,000 shares of it when it was. Last week it went through a ticker symbol change to axxa. However apparently because they are switching from a company in Canada to one in Delaware there has been a delay in the actual share transfer. Meanwhile the stock has been going absolutely parabolic because of this share dependency but noone with tlnuf shares can sell.
I know once those shares finally transfer and are sell-able the stock is going to correct real hard I have no delusions of that, at the end of the day it's a huge pump and dump short squeeze. My question is how do you think I should go about getting out of it when I can? Should I say screw it and just put a market sell on open or should I attempt a limit sell on the ask? I'm leaning towards market, I figure it will tank in huge chunks and I probably won't get filled all at once but it seems safer than waiting for a limit that might never fill and then I have to fumble to change it to a market.
Submitted May 01, 2018 at 05:28PM by LucefieD https://ift.tt/2HGx7b1
No comments:
Post a Comment