while you guys waste your weekends talking about stuff you cannot control or enforce, can you please explain why pink sheet stocks are allowed to trade at 6th digit. if the lowest quoted price I can personally place an order at is .0001, who decides the final price below .0001. I have now been seeing trades at:
.000098, .00005, .00001, .000001, and my new favorite, .000007, yes, .000007 in HESG just a few sessions ago.
.000001 is 1/100th of .0001 which means if a market maker buys 1,000,000 shares at .000001 ($1) they can then resell those same 1,000,000 shares for $100 (10,000%) gain.
anyways, hope I didn't interrupt ;)