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Re: Traderbytrade post# 51435

Saturday, 01/10/2015 11:01:53 PM

Saturday, January 10, 2015 11:01:53 PM

Post# of 79766
In general terms yes, I suppose that I was confirming what you were saying. I never disputed that the real market is only 4 decimal places out due to quotation limitations. Technically though, there were inconsistencies that needed to be addressed.

Initially I was just pointing out that you can potentially lose everything if you buy .0001 due to what will likely occur if a rs happens. Thus, your position value can fall dramatically from where it is now at .0001.

As to whether any retail gets filled at the 5th or 6th decimal place, I have traded over a thousand OTC tickers over the years, but, have only been filled at the 5th decimal place twice. Both occurred via pure luck on limit orders placed at .0001, not planned.

For me, ICTY is just a dead lousy pos. If you believe in the future so much and want a rs, plenty of .0001s are for sale. Have fun buying them all.




This post is just my opinion. I am a 100% non-compensated poster posting solely for my own interests and/or entertainment.