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24d

12/08/17 9:02 AM

#18945 RE: donkeyguy1 #18943

because regular guys, like you and me, can only trade four decimal places. therefore, .0001 is the lowest price that we can trade at. when a stock drops to .0001, and people are still willing to sell at that price, you end up with a "no bid" situation, like we have here. so when you see 0 bid x 50 million offered, in theory, if someone put in a buy order for 60 million shares at .0001, they would get a fill of 50 million shares, and then we would have a bid of 10 million @ .0001 x how ever many are for sale @ .0002, thus we would have a bid again. basically, you have to overwhelm the ask with buy orders, to get a bid back. hope I explained that where it makes sense. good trading to you, donk. aphd