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Re: PotsandPans420 post# 2034

Thursday, 04/05/2018 12:58:32 PM

Thursday, April 05, 2018 12:58:32 PM

Post# of 44033
This stock currently has a 36% spread (.11 X >.15) on average daily dollar volume of around $6,000 and moves 10% on a few hundred dollars of volume.

Comparing this Company to a more liquid peer is not fair, nor practical. It's going to be more volatile due to the lack of liquidity.

I'm not making excuses, I'm simply pointing out the reality of the liquidity of this stock. Investors in penny stocks should always factor the limited liquidity and volatility of any issuer against the dilution being made when making a decision to invest.

As reported in SEC filings, this Company's O/S has declined, not increased. OTCmarket's indicates the O/S has been verified by the transfer agent.

Your concerns appear to be based on current market activity and not on the fundamentals of the Company.
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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