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Re: rwalia99 post# 23412

Tuesday, 02/27/2018 3:08:08 PM

Tuesday, February 27, 2018 3:08:08 PM

Post# of 47639
I understand what you are saying and agree that in order for stock price to go up investors have to eventually buy at the ask. However, there are other fundamentals that go with creating a demand/desire for the investor to buy at the ask. For example, the thought/fear that if they wait the price will go up. Essentially, there needs to be some urgency to buy.

Those fundamentals aren't present with this stock yet.

It doesn't not make financial sense for someone buy 100,000 shares at $.025 if they can buy it at $.021 just for the sake of buying at the ask.