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  #17 (permalink)  
Old 06-07-06, 10:29 AM
SirD73 SirD73 is offline
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So what is the lowest fraction? Not sure i understand the BK referance.
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  #18 (permalink)  
Old 06-07-06, 03:42 PM
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anfern057 anfern057 is offline
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BK=Bankrupcy

I don't know how low they can go. But I don't see why they can't trade for .00000001 or even less.

On a related note, I made a quick buck the other day and decided to gamble it in MLER at .55. Next day it opens at .6 and I am up 9%. The thing is volume is so low its impossible to get out without taking a hit so I am going to let it ride for a while.

Gambling is fun.
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  #19 (permalink)  
Old 06-08-06, 10:46 AM
SirD73 SirD73 is offline
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Just a hypothetical question here. What if you was to through lets say $1000.00 into penny stocks but break it up. Lets say $10 into 100 stocks at or around the $0.00001 mark. Ok on average how many of these stocks will go up? And how many do you think would hit the $1 mark? If just one stock was to make it to $1 and the starting point was $0.00001. OMG (if I figured this right) that would mean you have 1,000,000 shares!! Ok this is sounding too good to be true so Ill go ahead and toss this hypothetical out to you all. Remember im still new and learning, but lets go ahead and hear all the down sides to this.

PS: This has been something that has been running around in my head lately for some reason.
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  #20 (permalink)  
Old 10-27-07, 12:12 AM
drfuller18 drfuller18 is offline
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Ive played this live simulator stock game for two weeks now and have done real well..Ive worked nothing but Penny stock, and each week Ive started with 3000.00 dollars. Week one I made 348,000.00 and week two I made 417,000.00 .. But after reading a few of these post Im not sure if the real world is what the live simulators are..
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  #21 (permalink)  
Old 10-27-07, 12:13 AM
drfuller18 drfuller18 is offline
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Quote:
Originally Posted by SirD73 View Post
So what is the lowest fraction? Not sure i understand the BK referance.
Ive seen them down to .0001 per share.
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