The number of shares on the ask are irrelevant for
Post# of 43064
Posted On: 07/27/2015 11:34:58 AM
Re: 3.14159265359 #21024
The number of shares on the ask are irrelevant for an illiquid stock like PTOI with a $0.006 spread. There could be a million shares are a a few thousand and it wouldn't mean anything. That fraction of a penny spread is like the Grand Canyon for a dead stock.
The most action we'll ever see for the remaining life of this stock is a few sub-$100.00 trades each day, punctuated every now and then by another investor dumping their few hundred thousand shares at market to ink their tax loss.
The most action we'll ever see for the remaining life of this stock is a few sub-$100.00 trades each day, punctuated every now and then by another investor dumping their few hundred thousand shares at market to ink their tax loss.
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