Do you think that is credible? Shorting a sub-penn
Post# of 1241
Posted On: 03/12/2015 1:59:48 AM
Do you think that is credible? Shorting a sub-penny seems strange and it has had some no bid periods at .0001. I own shares, so it would be great, but both factors Trader53 mentions (the chart and short squeeze) seem irrelevant to the case. Trip stocks are intriguing for obvious reasons. With STTK, the A/S increase suggests no R/S worry for a while and many touting posters have shown up without any real opposition. Even perma-basher Plutus seems to have a position. Hopefully, we will get a good PR soon to help it along.
One of the nice things about STTK in the trips is that the diluters seem to get their shares at .0001 despite the trading range. And so, they have an incentive to lay off and let it run a bit. This contrasts with a case like BTZO where the conversion is a function of the trading range and the diluters have an incentive to keep it touching .0001.
One of the nice things about STTK in the trips is that the diluters seem to get their shares at .0001 despite the trading range. And so, they have an incentive to lay off and let it run a bit. This contrasts with a case like BTZO where the conversion is a function of the trading range and the diluters have an incentive to keep it touching .0001.
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