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bar1080

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bar1080

Re: None

Wednesday, 11/16/2011 11:34:58 AM

Wednesday, November 16, 2011 11:34:58 AM

Post# of 253
Subpenny CEO says subpenny market sucks now (seriously)

Listen as Randell Torno of NVAE makes several interesting points:
http://www.savannaea.com/webcasts/wb_100611.html

1) Subpenny market has profoundly changed in three years

2) There's been a proliferation of subpenny stocks

3) Market Liquidity has dropped 50%

4) Virtually all clearing firms have quit business

5) Market Makers are a fraction of 3 years ago.

This I think its very accurate assessment. He is explaining why his stock has filed to Go Dark
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