InvestorsHub Logo

saxonia40271

01/11/24 9:27 PM

#315336 RE: Newby #315335

The number of these transactions is highest in November and December, but people take losses and close positions every day, including dumps at five zeros. Only they know why. A possible alternative to loss-taking is that the seller previously allowed a tax-motivated seller to dump these shares on him, and now, he‘s no longer interested and has passed them on. The fact is that someone settled for 1 Dollar per 1 million shares. It‘s too bad that retail can’t place these bets, or you could just buy up hundreds of tickers like that, and hope that you‘ll get lucky with a few of them. Even selling at the regular minimum bid would produce gains of 9,900%. The only problem is that the amounts always remain minuscule.