Most of the thoughts above are all correct depending on the situation. If you play spec stocks sometimes it is crucial to let you in the game. I currently have 2 companies with very small investments that bounce between .001 cents and .002 but never gets to either really. (good thing when you buy is they can mainly only one way or out lol) So most trades are at 4 or sometimes 5 decimal places, therefore unless you use a large broker not many platforms will handle the decimal place. It means you can have a 50% gain in a day and you still cant sell because you cant nominate current selling price.
On Most a trading platform you can only sell at the 3rd decimal point area. In this scenario think it is imperative that they consolidate and probably at least 100:1 to allow more players into the trading area.
So if you buy at .001 and it continually gets to .00175 or .0018 you can only sell for .001 or .002, you dont want .001 and buyers dont want .002.
As a few above have mentioned in the above points the number of shares isn't that important it is the market cap, but in the above scenario think it is imperative to consolidate.i have one of the specs that is constantly moving from say .0011 and up to .0018 which is 64% and cant take advantage of.
AUZ Price at posting:
9.2¢ Sentiment: Hold Disclosure: Held
(20min delay)