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Nanotech Entertainment Inc NTEK
Posted On: 07/02/2014 2:43:30 PM
Post# of 96897
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Posted By: Shub
Re: JohnJohn #5879
So let me ask a question that may be apparent to most of you, but it's not to me. If the PPS goes up to, say, $0.50 a share, is it too expensive at that point for the MMs to screw around with the price anymore? I just keep wondering if this is so easy for them because a $0.01 profit when you spend $0.06 on a stock is a pretty decent amount of money if you spend a lot of money and have a metric ton of shares. However, a $0.01 profit is pretty worthless on a stock that is going for $0.50 unless you are throwing a whole heck of a lot of money at it at once, and even then, the amount of shares you'd get at $0.50 for the same money may not make it worth doing anymore and maybe they will move on to greener pastures (no pun intended on the MJ market).

Sorry if that was poorly phrased. I hope I am getting my question out right.













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