InvestorsHub Logo
Followers 20
Posts 440
Boards Moderated 0
Alias Born 02/20/2006

Re: TheDane post# 176386

Wednesday, 08/26/2009 10:34:31 AM

Wednesday, August 26, 2009 10:34:31 AM

Post# of 361652
Dane,

I think you hit the nail on the head. There is a vested interest in keeping this stock below $1.00/share. And some of that could stem from institutional investing policy that does not allow them to trade in stocks under $1.00. If we go past the $1.00 mark then all of a sudden our stock is available to a very large market that has not had access to it. It could go up significantly just on institutional investing.

If I was managing a fund would I drop a $100k into this stock, depending on my Risk policy, you bet I would.

Bay