If a institutional investor wants a $1M holding in
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Posted On: 01/26/2019 6:42:52 PM
If a institutional investor wants a $1M holding in FUSZ, it doesn't matter the number of shares they hold to them. No different if they wanted to buy $1M of gold. They should look at the current price and then figure out how many ounces they would purchase.
Today on the OTC we have 6 digit trades. Hard to believe, but it's happening. One could easily think, hey if a stock on the OTC is trading at .00001 cent at a time, it will take a life time to go up. Not the case.
On the NASDAQ with fewer shares, I believe the sp will move pennies, nickles and dimes in minutes and dollars in days and weeks.
Today on the OTC we have 6 digit trades. Hard to believe, but it's happening. One could easily think, hey if a stock on the OTC is trading at .00001 cent at a time, it will take a life time to go up. Not the case.
On the NASDAQ with fewer shares, I believe the sp will move pennies, nickles and dimes in minutes and dollars in days and weeks.
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