InvestorsHub Logo
Followers 50
Posts 2311
Boards Moderated 0
Alias Born 09/23/2014

Re: Missourigirl post# 6400

Friday, 02/26/2021 7:49:52 PM

Friday, February 26, 2021 7:49:52 PM

Post# of 7526
Profit taking and Flipping. Big blocks of shares bought several ticks lower with the intention of selling at the 0019. When the number of shares sold exceeds the number of shares bought at a certain price it forces the market down.

Just like in the reverse when the number of shares bought at a given price exceeds the number sold it forces the price higher.

Can an OTC stock reach .25? Yes. It's very possible. Especially during the current markets. Probability is a whole different thing. There are currently a few stocks that started a run in the low trip 0's that have gone up to .25. .50 .75 $1 and higher. Will they all go that high? No.

I'll try to post a pic of the L2 for AEXE Monday. That might make it all make more sense.........

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!