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