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  4. Verb Technology Company, Inc (VERB) Message Board

What about those that can't buy in right now due t

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Post# of 32972
(Total Views: 648)
Posted On: 06/16/2021 6:59:54 AM
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Posted By: jamiejaytrader
Re: JR30 #23307
Quote:
What about those that can't buy in right now due to VERB being classified as a penny stock (under $5)? Once we see the SP go up above $5, I bet we see a lot more institutions buying in.



Great post JR!

I can tell you from my own experience, i have two broker accounts and each are managed at a different bank.

One bank allowes me to buy stock in pretty much everything at any price even on the OTC markets with stocks that have pps prices like $0.002 (for example).

And the other bank you can't buy OTC stocks or even companies listed on the Nasdaq that are below the $5 pps mark.

So i agree with you when we pass that $5 pps mark with Verb you can bet a whole lot more retail investors (also institutes depending on their own internal rules) will be able to add Verb to their accounts

And i would like to also add that when the pps is more stable and much higher then it is now, then i suspect a lot of investors (me for example) will be also adding more on margin.

Sidenote: I don't recommend doing margin but if you have experience with it you know what i mean.

GL longs! Its a great time to be invested and i strongly believe we'll all be smiling before the end of this year


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