For those who don't know, the price of the bid is the highest anyone person is willing to pay, and the price of the ask is the lowest anyone is willing to sell it for. On the pink sheets they usually put the price pertaining to the last transaction as the sell or buy price.
So what this all means is in order for the price to go up to 50 cents, all that has to happen is that nobody who has the stock is willing to sell it for less than 50 cents, regardless of who is willing to pay that for it. Naturally as the price goes up people start thinking they can get more as you can see from the posts today. Everyone is beginning to want to buy it now (or buy more), so those who have it will no longer want to sell it for such a cheap price. My ask price is set, and has been set at 21 cents for almost 1/2 of my shares. I am almost tempting to raise it, but I keep remembering June 13, had I set it for 16 cents I would of made a nice profit on that day. I may also lower it doesn't go up by this Friday afternoon. Since Friday is usually AROPQ's lucky day, except twice.
Anyway just giving an idea how I set my ask price, and now just think of how everyone is thinking out there, and that is what determines the price, and it's all about the thoughts of everyone who owns and/or wants part of or wants to get rid of part of the 80 million shares out there. My feeling right now is everyone wants, and no one wants to get rid of. Tomorrow we are going up fast!! (Guessing of course)
