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Trader959

02/26/21 4:01 PM

#6397 RE: Missourigirl #6394

First helpful hint....... remember you're working with pennies and fractions of pennies here as a base rather than a $1 base like big boards do.

A penny is 0.0001% of $100. 10 000 pennies make $100. One penny pf 10 000 pennies is 1/10 000 (0.0001). One penny is equal to 1% of $1 (meaning one hundred pennies make $1).

JD for example is over $350 a share.

That's one reason you see the huge volume and trades of millions of shares on the OTC and trades of 1, 5, 10 etc on the big board stocks.

Comparatively it essentially in simple round takes 10,000 times the volume on the OTC to move a stock..........
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MRDALE

02/26/21 5:55 PM

#6398 RE: Missourigirl #6394

Hey there! NOTHING RUNS LIKE A DEERE!.GO $AEXE.

I think in PennyLand there are more Kangaroos than deer. You might want to seek out the site of Trader53 here on iHub and follow him. He has posted all you really need to know about Playing the stocks in PennyLand. You don't PLAY with the Big Board stocks. You just let them sit and get fat. In this part of the country you have to run to keep up or be left behind holding a big fat bag of worthless stocks. That's after having lost every penny you invested.

There is one guiding rule here tho - and that is: AS soon as you have bought your shares list half for sale for double the price you paid for them and cross your fingers that the price will double - the cheaper you can get them - .0001 is about as cheap as they come here, the better chance you have of the price doubling quickly. There is no standing around in this part of the country. GO $AEXE.

Incidentally - read my message below.
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