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Thursday, September 03, 2015 1:00:14 PM
Love losing these week hands here. Got me some at 93 earlier.. I have 2 questions. First is, when will we start seeing the price be only three decimals instead of four. Example. .0105 .0106 .0107, as apposed to .011 .012 .013.... Second question, on otc short report website we constantly have a short volume. Where are those shares coming from, why , and will they have to cover? Thanks guys
Hi, realsmoka5 I looked around at other tickers trading between .10-.99 and they all seem to trade with the 4th digit. So after $1.00 it would be gone. But once you break through the wall the prices do tend to trade more with 3 digits the higher you go.
Short vol is more created by MM's not having enough inventory to fill orders. They borrow shares from each other mm's or shareholders like us without us knowing. They get covered in mini shake downs etc.... I don't think we have anyone shorting this.
Hope that helps.
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