InvestorsHub Logo
Followers 12
Posts 662
Boards Moderated 0
Alias Born 03/19/2010

Re: More$thanCents post# 95432

Friday, 07/18/2014 11:01:23 AM

Friday, July 18, 2014 11:01:23 AM

Post# of 122983
You have to assume that anybody who is picking up shares at .0001 is going to immediately turn around and put them up for sale at .0002 for 100% profit. This is another downside to liquidating shares out of frustration. Yeh, you might have the argument that your going to "get something out of it" if you bought at say .0005 or below. Now that BRGO has reached the infamous bottom of penny land, the flippers who have been in line and are getting shares will dominate the trading. Even if quantifiable good news hits the wires, the majority of peeps selling those .0002's won't be inclined to pull their sells anyway. Flippers flip.
So I guess the moral of the story is that all the shares that get dumped into this current bid will have to be "slogged" through if we ever get an upturn.

Just my opinion.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent BRGO News