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Re: hckyguy post# 41862

Wednesday, 06/29/2011 9:59:33 PM

Wednesday, June 29, 2011 9:59:33 PM

Post# of 43314
Clearly SMAS is not a dead stock. SMAS shares do trade. Market orders are accepted for gray market stocks, as just happened yesterday right here with SMAS. As for the "value of one-thousandth of a penny", yesterday's SMAS trades at .00001 demonstrate that a broker was able to match two buy orders with two sell orders of equal share amount and pps. Today or tomorrow or next month a different pps could be matched. On the gray market the pps of traded stock can move up and down at random, depending on what orders are exactly matched. The "value of the entire company" can't be discerned in the same way it can on the open market. There is no bid or ask on the gray market. There is no set pps, and therefore no way to set the value of the company according to the pps. This is the gray market. It's different. As for Somatic Systems being a "dead company", its shares are still trading, its website is still in operation, and it released news on that website as recently as last month about company activity.