InvestorsHub Logo
Followers 11
Posts 790
Boards Moderated 0
Alias Born 08/09/2018

Re: DarkPool post# 34877

Wednesday, 10/24/2018 7:47:26 PM

Wednesday, October 24, 2018 7:47:26 PM

Post# of 52237
This is real simpl to understand. A 1/2 R/S renders a pps of $0.036 Does that satisfy the NASDAQ minimum pps? No, no it does not. Let's stay with a conservative R/S ratio, let's just say 1/100. That gets pps to $1.80 but it's only going to hold for 10 minutes, not 10 days. Even a 1/500 is only going to get pps to $9.00 And even that is going to be very unstable unless it has some solid accompanying supportive PR. HMNY better start rationing it's "good news" releases. I think they are jumping the gun with this weeks news and should have held their draw. The only option they have is to utilize 1/500.