Marker Therapeutics Inc (MRKR)

[microcapbiotech]

Concerning this being allowed to buy below a $5 price.
Yes, some institutions and mutual funds have their own rules in their prospectus about buying limitations.
Some stay away from low dollar prices to avoid being too close to the threshold for being delisted (just to give themselves more comfortable breathing room).
Some stay away because they want a Much Larger potential bandwagon of buyers buying right along with them in order to keep the share price high and going up, and THEY KNOW that MOST of the investment community money GOES TO above $5 stocks, and therefore there will be MUCH LESS potential for investment community money to go into the cheaper stock to drive the price up.
MOST stay away from penny stocks or anything near that. That's nothing new.
BUT, this statement of: "The firms holding Marker have rules so we'll see the next quarter or two if they have the $5 rule." , is absolutely ludicrous (no surprise) because all you have to do is THINK.
EVERY SINGLE large firm that currently holds MRKR HAS been HOLDING MRKR for many quarters ALREADY when MRKR was WELL BELOW $5 ALREADY. MRKR was and had been BELOW $5 for a long time before the reverse split, Sooooo Mr. can't figure out the obvious for yourself, IF IF IF those institutions you imply won't be allowed to hold MRKR because it is below $5, then it is OBVIOUS that they would NOT have been allowed to hold MRKR in the past, WHICH THEY DID. DUH!.