Replies to post #22077 on Pilgrim Petroleum Corp. (PGPM)

[alexah101]

no way, we'd see VNDM or some other asswhole MM constantly whacking the bid

[deanna-hopkins]

$0.0025 is a major psychological resistance point for nano's flipping daily volumes over 100 million shares per day. The point is, English measuring systems, and tradesmen like carpenters, machinists, bakers, cooks and such, they think with math in 1/4s and 1/8ths so do musicians. So the psychology of the 0.25, 0.50 and the 1.00 transcends even to the GIA and diamond grinding. Thus the 0.99 Ct diamond is worth half as much as a 1.00 Ct diamond. yet a 0.98 ct diamond is worth just a few dollars LESS than a 0.99ct diamond. You see the average guy on a John Deer tractor with Alan Jackson playing in his iPhone 7 and blue tooth headset with half a million in farm land assessed agriculture and a giant stock portfolio is thinking about his money in metric of 0.0025 increments. Just like 1/4" sheets of plywood or a foot long 12" Hoagie.