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Re: stockerme post# 14001

Thursday, 06/09/2011 2:46:18 PM

Thursday, June 09, 2011 2:46:18 PM

Post# of 52928
There will, believe it or not, come a time when the share price will stop increasing because everyone that wants it, up to a given price, will already have it. The only way to get someone else to buy is to get the share price up to a level that catches their interest. Further explained, folks that trade on exchanges such as NASDAQ, will not touch a stock that trades in penny land. Penny land is between .0001 and $4.99. Once everyone in penny land has their fill, there wouldn't be anyone left to sell your shares to. If you can't sell your shares, they become worthless. I hope this helps.



Don't get me wrong, I dislike R/S's for any reason.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y