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Re: Newby post# 315335

Thursday, 01/11/2024 9:27:07 PM

Thursday, January 11, 2024 9:27:07 PM

Post# of 315345
The number of these transactions is highest in November and December, but people take losses and close positions every day, including dumps at five zeros. Only they know why. A possible alternative to loss-taking is that the seller previously allowed a tax-motivated seller to dump these shares on him, and now, he‘s no longer interested and has passed them on. The fact is that someone settled for 1 Dollar per 1 million shares. It‘s too bad that retail can’t place these bets, or you could just buy up hundreds of tickers like that, and hope that you‘ll get lucky with a few of them. Even selling at the regular minimum bid would produce gains of 9,900%. The only problem is that the amounts always remain minuscule.