InvestorsHub Logo

BMK

Followers 1
Posts 68
Boards Moderated 0
Alias Born 02/22/2012

BMK

Re: SRV-90 post# 338048

Thursday, 03/08/2012 4:07:54 PM

Thursday, March 08, 2012 4:07:54 PM

Post# of 346914
Agree, but largest trading appears to be a basis of roughly 10c, meaning cost to buy initial 2M shares would amount to $200K, and that's for only flipping 2M shares.

Explain to the noobs how long this would take to reach the 8B - 45B shares above and beyond 3B A/S. Not an average trader/investor has that kind of money sitting around to flip on such a volatile penny stock, especially given the fact most of those high volume days the PPS rose.

Can't flip a stock and certainly can't short a stock rising daily, unless shorting outside allotted time frame, making it illegal naked short and landing on FTD list.

It seems the more people try to dismiss NSS mathematically, the more they corroborate. In this poster's example, we saw $200K to flip 2M shares, meaning 4M total. And flipping would have been a losing proposition since PPS continue rise during this time.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.