InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,864.67
(
0.40%
)
US TECH 100
19,783.20
(
0.68%
)
Dow Jones
43,275.91
(
0.09%
)
Brent Oil
73.00
(
0.12%
)
Bitcoin
69,044.40
(
0.06%
)
Post# of 36237
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

Dspetry

Send PM Follow Ignore
Followers 113
Posts 11275
Boards Moderated 2
Alias Born 02/06/2005

Dspetry

Re: Magnusson post# 8304

Thursday, 06/18/2009 11:08:27 PM

Thursday, June 18, 2009 11:08:27 PM

Post# of 36237
looks like to me as soon as we moved up to .0003 alot of sellers came in to get out and I could of myself and broke even with just a fee to pay to my broker... but I did not sell... I have no answers what so ever, just more MM crap.

Here's the thing.

When a stock is trading at .0001, it takes 3 times the amount of people buying to maintain .0003. Every uptick, multiplies that amount expodentially.

There were not 3-4x the buyers at .0003/4, hence the drop ack to .0001 x .0002.

Small steps.

Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up