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Re: benfikaman post# 29541

Monday, 10/15/2007 3:43:31 PM

Monday, October 15, 2007 3:43:31 PM

Post# of 107353
The next two psych breakpoints are not $2, but $3 and $5. Once past those, it is blue skies (not to say it doesn't already feel that way to some).

$3 because most stocks that have unsubstantied momo rarely get past that point.

$5 because that is the last threshold the market keeps in mind regarding all funds being freed up from the last price restriction and allowing them to invest in the stock.