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Re: janice shell post# 54543

Wednesday, 01/24/2024 8:11:48 PM

Wednesday, January 24, 2024 8:11:48 PM

Post# of 54900
If I have something and I can quickly get money for it, it's liquid. If I have a rare artifact that only a few individuals would want to buy, it's not liquid because you can't get money for it quickly. That's the only definition I know. Maybe you'll say I'm stupid and when it comes to stocks maybe I am.

Now concerning CRGP, the debate is whether it's worthless. However, if someone is buying CRGP stock, then it's not illiquid to the seller. Hence, it's liquid since the order is processed very quickly and the seller gets money. However, if buyers dry up, then the stock would be worthless which, I guess, one could say it's illiquid. In this case, I believe the better word is worthless.

If your definition is different than what I explained above, please enlighten me as to your definition of illiquid.

Back at you Upper