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BCMarine

09/15/23 1:15 PM

#286099 RE: NICKSCA123 #286098

That’s a great question. Can the company buy them back at that price to reduce outstanding shares? Hopefully that’s what is happening. Or, do MM hold them to sell at .0001 for a profit? Can they even do that?

SmellMyFinger

09/15/23 1:48 PM

#286100 RE: NICKSCA123 #286098

Good question. I'm just retail, so I honestly don't fully understand the interactivity between institutions, broker/dealers, and market makers. I just know that Schwab won't let retail submit a limit order for anything below $0.0001, but yet $0.000001 trades are occurring for others.