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Re: Deannie post# 216484

Thursday, 03/04/2021 4:27:51 PM

Thursday, March 04, 2021 4:27:51 PM

Post# of 293635
I think your missing the point Deannie,
There are alot of penny stock investors. The exchange really only natters to a certain extent. Example of an R/S. Ypu have 1000 dollars to invest
in this stock, We'll say for example a 40;1 R/S. we"ll use .20 for a share price, at 40:1 you would only have 125 shares at 8.00 PPS. As is now you would have 5000 shares at .20. Same value but as investor with 1000.00 would you rather buy 125 shares or 5000 shares. In my opinion it is easier
to raise the price by 1 cent than 40 cents to equal the increase
.Correct me if my math is wrong. The upside to the Nasdaq is intitutional
investors arent allowed to dabble in penny stocks hence greater visibility
on the NAsdaq. For what its worth,
Patrik
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