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Something that may apply to your question
Perceived Risk - There are almost no companies that have gone public at a price below 5-dollar level. Thus, for a company that trades under $5 there is a big chance that some serious operational or financial problems have accrued in the past or recently, and there is plenty of statistics suggesting that $5 stocks frequently go to zero.
Read more: http://wiki.answers.com/Q/Why_is_5-dollar_level_so_important_in_stock_investing#ixzz1876uNz9m
Institutional Investors - Many mutual funds' charters directly prohibit their managers from investing or holding penny stocks (those traded on the OTCBB and pink sheets) and generally stocks under $5 dollars. However, mutual funds are not obligated by any regulations to have such clauses and there are mutual funds that specialize in penny stocks.
Read more: http://wiki.answers.com/Q/Why_is_5-dollar_level_so_important_in_stock_investing#ixzz1876HvOLd
http://wiki.answers.com/Q/Why_is_5-dollar_level_so_important_in_stock_investing
Google.com is a powerful tool to use.
lol, that would require the SEC to enforce those rules.
power hour should be interesting. lol.
$4.95 next resistance to break through before breaking $5.00
i bought at $4.62 i hope i do good. lol.
yea baby OCLR > $11.00
yea baby up big this morning :)
yea baby OCLR > $10
:) power hour
bought $9.80
where da hell is the volume?
lol steveoo you were a believer for like one day. lol
nibble on those 3's
H - E - S - G
GOOOOOO!
#7 on front page Active Stock List
pps > .0003 ?
power hour
they could release a PR confirming the twitter account too but that's just my suggestion. lol.
and there's one on scottrade at 1:51 but for 260,400
3's up
thanks to whomever nibbled. :D
someone nibble on the 3's please. thanks in advance. ;)
a freakin PR would be nice about now?
with this much volume in that short time span and the bid/ask still at 0002/0003 im guessing its 5th digit action, probably like you said 00025. imo
volume back lol
hesg 0002/0003
hesg 0002/0003
hesg 0002/0003
11:11 HESG 11:11
27c so ima millionaire lol ;)
lets see a 0004 for a 4pm ding dong! hehe
Someone nibble on the 3's please. lol.
yop, HESG, TO DA MOON! hehehe
0003 !!!!!!!! MOTHA FKAS !!!!
90mil volume !!?!!?!!
what does 420 mean?
not even lunch time and we're at 300 million vol. lol.
not even lunch time and we're already at 200mil vol. awesome.
also you shouldn't ask iHubers for advice on to buy you should make your own decisions to buy. rule#1. lol
HOLY MOLLY HESG! VOLUME!