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Re: None

Thursday, 12/03/2020 9:14:07 AM

Thursday, December 03, 2020 9:14:07 AM

Post# of 3375
EXROF....

Great management...Would expect that in the near term they will move to list the stock on NADAQ...That should be good for a couple of points point ..maybe more..

The Nasdaq is the gateway for institutional investors at this juncture...
until then we don't really exist...

PS about Market Makers...As a former market maker before the Best Buy and sell Rules came in you could "walk the stock" because you could control the bid/ask spread...That is no longer possible in most cases..Its all computers and only High Frequency traders who have Direct market conections in close proximity to the exchange computers can move the PPSs..And that does not work for issues like EXROF who don't have direct NASDAQ...There are no Hi Freaks hitting Vancouver.

What kills us is actually small fry traders who are looking to buy at the lowest prices and sell when the PPS goes up a penny or two..I always try to buy stocks at "market" because it makes the stock go up..(yes you can not buy or sell this issue at "Market" only at "limit"...But we "Small Fry" . Can keep in mind that in the absence of "big players" ...If we are long the stock...we should try to trade in a way that moves the stock up if at all possible...Bargain basement shopping does not support the price..

":>) JL