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Re: kateric10 post# 881

Tuesday, 01/05/2010 12:19:53 PM

Tuesday, January 05, 2010 12:19:53 PM

Post# of 4759
Here's the deal, the way I see it. There are no MMs in this stock, so no one is manipulating anything. There are not a lot of buyers, so even if you wanted to dump it, there would be very few looking to buy. That keeps the price where it is. With pink sheet stocks, MMs not obligated to buy up shares as they are on NASDAQ or NYSE. So, if you or anyone issued a sell order now for, say, 500k shares at .025,all or none, who would buy it? Probably no one. Anyone looking to get out now, has to sell in small pieces at tiny increments in price to find a buyer. There's no one making a market in this stock, so, it ain't easy to just dump the stock. I think this keeps the price hovering where it is. IMHO.
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