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Re: RiverNorth post# 9645

Friday, 08/12/2016 11:03:16 AM

Friday, August 12, 2016 11:03:16 AM

Post# of 26145
Where are you getting this nonsense from? Just making it up since you don't know? Again, companies cannot sell or liquidate and BHGI is going up. Example, during a week in May approximately 5 million shares got dumped and BHGI never dipped below $.02. There are too many longs itching for more cheapies. Unfortunately those days are over. Just a few flippers in the way and it's game over!

Not enough buyers -- and the scale of economics is different on a .04 stock, than a .0004 stock. 

The company can liquidate a few hundred thousand shares between .04-.10 and be ok.