Replies to post #1415 on Indoor Harvest Corp (INQD)

[tothe]

Welcome to the world of low floaters where the PPS moves like a feather. The float is so tightly held I have a miserable time picking up shares, my 3 days for settled cash never seems to grab a decent low. Sometimes my stacked buys below the bid causes a 5min crash but when I have an opportunity to sell at the bid the ask never moves.
Rule of thumb: make sure you have settled cash when you execute a sell because you will have a same day pickup at any time. Alan of 420 Investors keyed me in on the idea with his opportunity portfolio.

[RealDutch]

Greenmarine, I do not agree.

This company gained a lot of interest after the CEO defaulted on the loan. Penny chasers were attracted to the toxic waste.

There are companies out there with lots of cash, who don't have to issue stock. Trading below 5% of book and P/E's far below 1. They are dead in the water most of the time, gaining zero interest.

This market simply ain't too bright. Neither are the people working for those depressed companies. I haven't made up my mind yet who is to blame more for this. But OTC is governed by hype. In fact, the whole market is.

I come from the world of betting exchanges, some 7 years ago, where markets are extremely efficient. And I am still surprised, every day, how inefficient the stock market is. That is a good thing, because there is money to be made. But things just tend to get worse year after year after year, before they get better.

As far as INQD is concerned, of course it was undervalued at 20 cents. But with these prices today, and their history, who really knows. I mean, who really cares.