InvestorsHub Logo
Followers 17
Posts 1037
Boards Moderated 0
Alias Born 03/23/2004

Re: stockmojo9 post# 35229

Tuesday, 10/22/2013 7:34:25 PM

Tuesday, October 22, 2013 7:34:25 PM

Post# of 111414

2. Why has the stock dropped from the highs of $.75 to $.65 of two months ago?



Pend up demand. And fear of not getting in and losing out on a great opportunity drove the prices higher.

The difficulty of buying on the grey sheets created the pend up demand for the securities. Once an ask was established, people hit it.