RE:RE:RE:RE:RE:RE:RE:Fund Manager: NILI has SPECTACULAR GRADES So if you have me on mute, how do you know what I said?
Algorithims are not going to waste their time on penny stocks.
They are for big stocks like tech or banks, etc...and they make money by scalping trades either up or down.
You cannot do that with penny stocks. One big buy order and you go up to $ 5 per share, one big sell order and you trade at 2 cents. It is impossible for them to make money, just too illiquide and too small.
Sometimes I hold big positions and it takes me forever to buy as there are no sellers and, sometimes forever to sell as there are no buyers. That is penny stocks, now imagine alogrithims with billions of dollars at their disposal.
I just wish people would get more educated and stop posting nonsense.
People turn these chat rooms into tr*ash talk because they are so ignorant of the facts that move things.
CELL moved NILI from 80 cents to 60 cents on their 6 million sale order. And that is such a small amount of shares.
Good Luck,