InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,427.13
(
-2.31%
)
US TECH 100
18,600.00
(
-3.25%
)
Dow Jones
39,853.87
(
-1.25%
)
Brent Oil
80.33
(
-0.51%
)
Bitcoin
64,123.20
(
-1.91%
)
Post# of 18318
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

Montanore

Send PM Follow Ignore
Followers 164
Posts 22412
Boards Moderated 2
Alias Born 01/21/2006

Montanore

Re: jamies16 post# 11767

Friday, 07/31/2009 4:43:28 PM

Friday, July 31, 2009 4:43:28 PM

Post# of 18318
Again you ask me? You never asked me this question the first time.

I believe it's traders buying and dumping to each other--hence the .0001. I predict you'll see no bid/.0001 eventually. And who knows...they may be selling an endless supply at .0001. When they hit no bid they may do a reverse split/name change/business redirection. I've seen it happen before many times.

Of course, nobody has bothered to pony up and pay the TA for the real stock structure. I think it's in the many billions.
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