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Friday, 10/28/2016 2:04:11 PM

Friday, October 28, 2016 2:04:11 PM

Post# of 84914
.0002, .0001 or a No bid, it doesnt matter if you're trading the strategy, Why, You know the difference between a no bid stock, a stock at .0001 and a stock at .0002, Nothing. This of course depends that the company doesn't do anything messed up to the shareholders but consider this.

If it's even a No bid stock you still have to pay .0001 for it, so in order to profit it still has to go to .0002, whereas if you take a starter at .0002 and it drops to .0001 or no bid you still have to pay .0001 then you take a real position and you will still profit 50% if it hits .0002 or more depending on the size of the position you grab from .0002.

That's why i say, some traders interested in this stock will take a position at .0002 just in case if an unexpected catalyst were to come at least they have a position and then they bid like crazy on the .0001's lowering their average and will profit.
Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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