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  4. Dragonite Intl (DGTLF) Message Board

Well, I dont know how it pans out unless other tra

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Post# of 22
Posted On: 08/23/2012 12:55:54 AM
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Posted By: EliteYoda
Re: Thumper15 #3

Well, I dont know how it pans out unless other traders come into this stock at some point in the future. The volume is anemic to non-existant, that is the problem. It looks like 100 or 200 shares can print on this at any price desired and it stays there. Maybe someone should try 100 share bid at a nickel or greater and just see if it gets executed? I cannot as I am traveling this month so do not have access but even before the split some participant printed a .001 price using a couple of shares, like a few cents worth and there it remained until after the reverse split. I do not have a clue what is really going on behind the scenes with the mechanics of this stock, it just does not hardly trade at all. There is no market maker so I guess with the gray sheets only matched orders will execute. The other problem I see is that quotemedia states that the share count is 1.9 Billion but that is for the HK:329 that is NOT the share count set aside in the DGTLF so not only is the share price wrong right now the share count is wrong. The whole thing is completely fouled up and since no one trades this it just sits there with the wrong price. Oh well.



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