(Total Views: 315)
Posted On: 08/09/2019 2:39:52 PM
Post# of 36566
Remember this (below), when you are asking why we aren't being bid higher today....
Quote:
Why aren't all hot potential uplist companies bid up to fair value well in advance of the uplisting? The reason is that many institutional investors are specifically prohibited by their charters from investing in OTC stocks. In addition, many institutions have guidelines about minimum share prices and won't invest in low-priced stocks. As soon as the uplist happens, the institutional money flows in driving both price and volume to fair market levels.
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