InvestorsHub Logo
Followers 568
Posts 12936
Boards Moderated 1
Alias Born 11/12/2010

Re: None

Thursday, 09/11/2014 2:36:53 PM

Thursday, September 11, 2014 2:36:53 PM

Post# of 34559
Strong bid here and 7's and 8' slowly going, all you people calling for 0004 or 0005 or whatever you were babbling on about are totally clueless about how it all works in OTC land. You guys bashed it to no end for weeks and couldn't even get hardly any sold at 6's LOL. IT'S CALLED LOW FLOAT. There is literally billions of dollars in trading accounts just sitting. Like the whole float($80,000 or so at 0006) can't get sucked up just by people looking to gamble on a lotto play? Heck, I bet there is one guy out there would take the whole thing by himself if he ran across the stock. People will blow that much in a casino in 5 minutes on a table.
Stocks with that low of float can run into the pennies. One PR saying "Verizon" etc... and you wish you would have bought every single share ever sold under 0015.
Here's a piece of advice... unless you are rich off playing OTC's then the best thing you can do is forget about your own analysis. If your analysis was correct you would be rich already, so obviously it's not, forget about it.