Friday, February 26, 2021 4:01:27 PM
A penny is 0.0001% of $100. 10 000 pennies make $100. One penny pf 10 000 pennies is 1/10 000 (0.0001). One penny is equal to 1% of $1 (meaning one hundred pennies make $1).
JD for example is over $350 a share.
That's one reason you see the huge volume and trades of millions of shares on the OTC and trades of 1, 5, 10 etc on the big board stocks.
Comparatively it essentially in simple round takes 10,000 times the volume on the OTC to move a stock..........
My comments and posts are my opinion only. I make no claims, nor represent any stock, trading tool or secret, etc. Each and every individual trader is responsible for their own trades and needs to make their own decisions. Best of Luck!
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