I remember a full service broker saying to me years ago about small caps ( specs ) under 10 cents and that he couldn’t give them away until they were in the teens.
He used to get excited as soon as they were in their teens so he could start calling his clients,
Our days below 10 cents definitely do seem to be limited.
The tea leaf reading will also drop off as most of them like paying under 10 cents. Tight as
I did read a post from today suggesting charts don’t work under 10 cents but do work after 12 cents.
I personally disagree and believe if we have just half of what the company is suggesting we have the tea leaves will be blown out of the water.
I remember a full service broker saying to me years ago about...
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Mkt cap ! $70.77M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 15 | 2121433 | 2.1¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 2.3¢ | 1168000 | 4 |
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