Replies to post #31588 on lowtrade

[lowtrade]

The .0001 musical chairs play.

No on TLAG because it's a .0001 musical chairs double producer, which had no resent price pull down.

It's a pennyland play in itself. Which I have posted about many times.

Beginners with little cash, always end up thinking about trading them, because they can't go lower and if you buy at .0001 you must double your money if sold at .0002. Logic says how can you lose.

You lose because your one of many smart guys playing. And your cash can be tied up for months, before your turn in the line that closes at .0002. I'd guess for every 100 million shares which are bought at .0001, there is only 1 million bought at .0002.

With a first in, first out, time & sale trading que. And the que starting new each day. Turn around time is not on your side. Even if you use a GTC (good till closed) order for 30 days. If it's not your turn in the line in those 30 days, the minute you have to replace the order, your in the back of the line again.

Now think of playing Musical chairs with 1000 chairs. Your going to be walking in circles for quite a long time.