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flemsnopes

01/29/09 11:17 PM

#1708 RE: netjoy #1707

Market makers don't display anything below .0001 for retail investors, but consider the following hypothetical. If a retail investor bought 10,000,000 shares of this stock for $1000 in July 2008 at .0001 per share,(just before the 1 for 400 REVERSE SPLIT in August 2008) that investment would now be worth $2.50 or .00000025 based on the original number of shares. I hope this helps.
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stockhawk1

01/30/09 2:13 AM

#1709 RE: netjoy #1707

It can go below .0001, as it has several times in the last few weeks, there was no bid, zero buyers. That can be a complete loss. A reverse split is just as bad. Hope this thing has one last run it...

Being on the SHO cant hurt, if they are short stock, it could provide fuel for a nice run. Then again theres no telling what they, the MMs, plan on doing.