AND IF YEAH.......WHAT HAPPENS IF IT GETS TO LOW???????????????????????
Yes. If it does I think it gets de-listed, but I'm not sure. Maybe one of the veterans of this board can jump in and answer this one.
Posted by jack85 on :
this conversation was about UNQT
savvy27 Member
-------------------------------------------------------------------------------- The ask and bid both are at 0.0001. Does this mean that it is going to vanish? --------------------------------------------------------------------------------
Thorn Member
-------------------------------------------------------------------------------- No, that could mean that the actual trading values are between .00005 and .00014. MM's can trade at one additional digit level.
Volume is up, yes, but not as high as historic levels. This stock has trade more shares than its float in the past (before split). This is like 1/8 of float, iirc.
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savvy27 Member
-------------------------------------------------------------------------------- Thanks! I never knew that one can trade to the fifth decimal value. --------------------------------------------------------------------------------
Thorn Member
-------------------------------------------------------------------------------- Did you see that trade at "0.00"? Must have been under $.00005
I suspect that short sellers (MMs) are killing this stock. The CEO tried (is trying?) to deal with it, but I don't know what any person can do about MMs shorting their stock (naked short selling, that is).
Posted by <paul> on :
UNCN gold play.
.006
Posted by Dustoff101 on :
quote:Originally posted by NaturalResources:
quote:Originally posted by johnny14511: SOME .0004
