Earth Science Tech Inc. (ETST)

[toddski]

Volume is pretty low and it is a pink sheets stock. You have to realize this trades with what is called, unsolicited quotes. That means that the bid and ask are actually real people making buy and sell orders. There are no market makers providing guaranteed liquidity. So basically this trades pretty thin. Once they uplist to QX, market makers will likely accumulate shares to provide guaranteed liquidity and a better bid ask spread. And eventually some institutions will also buy, but not until this is trading above 5 dollars. Be it either naturally rising or by reverse split. Not sure the company is interested in reverse splitting or listing on higher exchange than QX because there is zero need for raising money via share offering. So in all likelihood the company will become a sort of tier 1 stock on QX within 3 years, and imo will be a minimum of a dollar. The float keeps getting bought and those that want to get out are selling to insiders or the lucky ones on the bid. If you're patient enough you could just throw out some low bids to see if they get sold to.