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Re: bme post# 30023

Tuesday, 06/10/2014 7:13:36 PM

Tuesday, June 10, 2014 7:13:36 PM

Post# of 32583
The bid price per share is not going to change if you put in a limit order or a market order at .0002. It is going to execute at .0001 since there is a ton of stock offered at .0001 Orders for 20,000,000 shares are not going to move the stock price as long as the offer size is so huge.

As I said it is only going up if the offer (ask) price can get above .0001. The only way that is going to happen is if sellers change their limit sell orders to a price in excess of .0001 so there will be none or only a small amount offered at .0001

I would like to do a survey. How many of you have a GTC order to sell at .0001 and how many shares are you trying to sell at that price