Sam - Who is buying at .0062 is not the point. The point is that "where the rubber hits the road" is what matters. Anyone buying here at the ask, and then trying to sell will get back .57 on the dollar based on today's transactions. That is why anyone buying at the ask is rather naive in my opinion. And we are even assuming there are more .0062 buyers. Imagine 6 or 8 of us trying to exit at this point. I could see a .0042 or .0005 price real quick.
As I stated, I was legally a part-time trader in securities back in the 1980's, and had the third largest transaction,volume account with Fidelity at the time. I know a little bit about the market. My advice, as a member of this board, is what is stated in my previous post. "Different strokes for different folks". This board is meant for service to all investors--the more experienced and sophisticated as well as the novice.-Dave
