Post by
pikeroo_007 on Jun 27, 2024 12:10pm
Actually no quarter cent coming
I tried for fun. I tried to enter a quarter cent bid. The platform did not allow it. So what now? How can a company continue trading if it has no bids? Has anyone ever seen this? Please share your experiences. Looks to me like a halt is coming, how else can they let this mockery go on? Anyway, awaiting your experiences or comments.
Comment by
PeterPiper on Jul 02, 2024 5:06pm
A stock may not trade below 1 / 2 cent. I looked at today's trades and only 12K were bought at 1 cent , the rest (around 600K) were sold at 0.5. I looks like any bids at 0.5 will simply taken out buy sellers tring to get out. Soon, IMO, no more 0.5 bids will come in so those holding shares will not be able to sell. Is the end of this thing in sight? Piper