Replies to post #40428 on Green Stream Holdings Inc (GSFI)

[havnagoodtime]

This has happened multiple times over the past two years or so. >>

Someone gets tired of holding shares. They aren't able to sell into the bid because there is no bid. They are last in line for their shares to be sold on the .0001 ask. Losing patience, they put all or some of their shares up for sale as a market order. At market order, it's up to what ever a MM will give them. I've seen .00005. I've also have seen .00001 as the print.

So that accounts for an EOD price of being under .0001. Then the next morning -- someone hits the .0001 ask -- thus showing that crazy increase in share price. Also, a .0001 hit on the ask could hit a few seconds after the close on the same day as the market order sell -- and that shows up pre-market the next morning -- I think??? -- I believe???

Either way, that's what you are seeing when that happens.

[PennyHoper]

ihub detailed quote info about EGOH today says 'closing price' -- which at this moment would be yesterday's closing price -- was .000001 (5 zeros, not the usual 3).

Since today EGOH is back to trading at .0001 (removed two zeros), that is up 9900%. The math is:

((.0001 - .000001)/.000001)*100 [to get percent increase]