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Tuesday, April 10, 2018 10:15:23 AM
As time goes on in a stock you will always have buyers and sellers. The traders who hold the sub-penny shares at some point take their profits, and rightfully so! They took the risk and made the investment when it was low. And thats very healthy in a stock. The last thing you want in a stock is for the PPS to get very high and a handful of people with 10-20 million shares at 0.0001 dump it onto the market. Its all profit for them and won't matter what they sell at.
So to be short and sweet here, stock trading is a tug-of-war over time. We need people to sell from those sub-pennies to others for this to average up.
I know I made this very simple, but for some of the new people in here trading, and I think we have a lot. It's better to start learning this sooner rather than later.
If you came here recently thinking you will flip your account by 100's of a percentage... You're going to have heartaches in the future.
ANDI/UTOP
* And of course, the obligatory statement- Do you own DD, you are responsible for your own trades.
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