Posted On: 01/17/2015 10:28:07 PM
Post# of 30066
bulldog, in my very humble opinion, it is the perception of growth.
If I have 1 million shares @ .08, and I can reasonably see getting to $1/sh..then I have $1million. Kewl.
For every PENNY movement, I get TEN GRAND! Schwing! Fast & Furious, babe!
Now you split me by 100, and I have 10k shares @ $8. Same money, but now I have to move a buck to get 10 grand, and I have to get to $100/ sh to get my million bucks.
Same ratio, mind you, but the perception is that it would be easier/ quicker to climb to $1, than to $100.
Obviously, my thoughts, and I don't know anything.
If I have 1 million shares @ .08, and I can reasonably see getting to $1/sh..then I have $1million. Kewl.
For every PENNY movement, I get TEN GRAND! Schwing! Fast & Furious, babe!
Now you split me by 100, and I have 10k shares @ $8. Same money, but now I have to move a buck to get 10 grand, and I have to get to $100/ sh to get my million bucks.
Same ratio, mind you, but the perception is that it would be easier/ quicker to climb to $1, than to $100.
Obviously, my thoughts, and I don't know anything.
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