Reddit Posts
Mentions
So why was his Post removed. It was a legitimate question on how to sell his shares in a Robinhood account on a Robinhood subreddit that he has been unable to do on these SDCCQ shares. He contacted Robinhood support and just told me they could not be processed and so now he is asking others with Robinhood accounts if they have any ideas or experienced this. So my assumption was that the mods have ties to Robinhood and they don't want negative posts about Robinhood. The OP posted the exact same question in 4 other subreddits and none of them were removed. In my opinion the most logical place for the post would be the Robinhood subreddit (the only one that got deleted). Maybe I am wrong, so why was the Post removed then. Make absolutely no sense to me.
Someone mentioned that you can't do market orders on OTC stocks and I went to my brokerage out of curiosity and tried to setup a limit order on SDCCQ and couldn't specify a price less than $0.0001/shr which is why I assume is why you tried to sell at $0.0001/shr. **BUT**, I see that 2000 shares were traded today at $0.000001/shr and am wondering if that was you. And if so how were you able to accomplish that, did you get Robinhood support to do it or what exactly. Very curious.
SDCCQ has not been legally deemed worthless therefore the broker cannot close that position for you to realize the loss yet. Granted it is highly unlikely to be filled, the only option would be to place a limit order for as low as possible which is to the fourth decimal point as you had placed. The legal proceedings can be very long out processes as Enron was only finally deemed worthless earlier this year.
It's always a coin flip with these bankruptcy bets. I bet on LKNCY and it turned out fine. Luckily I dodged many others that I looked at like SDC which got delisted to SDCCQ. RADCQ not looking good either. Anyways, more often than not it's death nails and even if there was a last minute M&A it doesn't mean they would just overpay for no reason. IMO Pre-pandemic and pandemic era slush funding made comebacks easier than our higher interest, no bailout, and anti-M&A situation. Things might change with Trump but who knows?
Percentage-wise, Smile Direct Club, SDC. Bought 1000 at $7-something. Bailed at $0.71 -- lost **90%**. Coulda been worse, though. Could have held on to $0.07 -- and lost **99%**. Recently it's been trading (in BK, as SDCCQ) for 0.007, could have lost **99.9%**. (For the record, it was take-a-flier money. I took a flier. I fell.)
A few years back, I was taking stock tips from Reddit and ended up with a red position on SDC and managed to pay 17 for Dole the day after the IPO or something. I still have the dole and I haven't seen that price since, but realized the smile direct club losses before the bankruptcy? (Just realized it's now called SDCCQ). A couple thousand dollar lesson not to listen to every reddit post.
SDCCQ (smile direct club) This stock seems to be highly Manipulated. It was Around $12 at one point, MSNBC Did a story on them saying peoples teeth were falling out and crashed the stock. It is now at .0050 cents. (Less than half a penny) They say they filed for bankruptcy. They won’t let me buy any On Schwab. But they will gladly let me sell what I have. This seems illegal, While the company is still in business I should be able to buy or sell that’s what the stock market is all about. If anybody has any advice I’d appreciate it. You might try to buy a little on your exchange and let me know where I can purchase some. Smile direct club is a very good product. There is some shenanigans going on here.
Can someone tell me why SDCCQ is moving after months of being under $0.01? Something happen with bankruptcy?
https://www.wkbw.com/smiledirectclub-shuts-down-4-months-after-filing-bankruptcy 1. No, theyre done 2. If they did come back, the SDCCQ stock would not come back with them. Thats not how it works. If the company came back, theyd have to come back with a new ticker and new stock If you put any money into SDCCQ, youre basically throwing your money into a fire. And thats just natural selection at that point
Smile Direct Club, SDC. Bought at $7-something. Sold at $0.71 -- lost **90%**. Coulda been worse, though. Could have held on to $0.07 -- and lost **99%**. Today it's trading (in BK, as SDCCQ) for 0.007, could have lost **99.9%**.
Anybody got any good penny stocks to share?? I’m currently invested in SDCCQ (smile direct club). Do you guys even trade penny stocks?
$SDCCQ is the new ticker. Just bought some for a long term hold.
I’m looking at Smile Direct Club (SDCCQ) right now and I’m wondering if you guys think it has big potential. I’m feeling pretty optimistic, I bought 1100 shares this morning at $0.04 each, and I’m debating whether or not to buy more! Thoughts? 🤔