If and when they recover from this downturn and share price goes back to $5 does it really matter if you buy it at $0.05 or $0.06.. no one buying at this level would ever hold until four or $5 anyways
What could possibly happen, it will not fill you will change your order to .049 then .05 then .052 as it moves higher you start chasing it just to save a quarter of a penny as it moves fire you start chasing it just to save hey corner of a penny.. I'm not saying that's going to happen but it happens very often, sometimes is better to just buy at a price that will fill the order. There is a possibility this company can survive... just saying
The price is starting to move now,gone from .048 to .051 I should break even in about 2000 years at this rate. Unless it makes bigger jumps then maybe I will break even in half that time.lol
I could never understand why people relish in the fact that others are losing money.. I hope everyone gets rich and feel bad for those who lose money.. doesn't make me feel any better if others lose everything just because I do.
I can't see the point in hiring a CEO and taking on more debt unless someone is willing to work for free.. I would like to thank the people running the ship know what the hell they're doing they've been in business long enough
It cost companies money to be listed on the exchange I don't see the point in being listed on any exchange if you're struggling financially.. when their financial situation gets better they can always apply to be listed once again.. meantime it's better to save money
That seems like a reasonable response but what exactly was your question to them.
The reason most people do not make money in the stock market is because when a stock finally gets back to even they are happy to sell. How many people who bought at $0.50 or $1 would ever hold until $5...
Of course any company can file for bankruptcy but I think it's a little too early to be jumping to conclusions, oil may have hit a bottom and slowly move higher, they are hedged for the time being, if they can restructure some debt that will also help, time will tell.. meanwhile there really isn't much a shareholder can do except sit and wait. I say,, hope for the best prepare for the worst
If someone such as an institution is looking to buy why wouldn't they just put a bid in for $0.07 or $0.08 that should guarantee to fill
How often does an institution have to file is it every time they sell a block of shares.. I always thought it was once each quarter
Who knows,, maybe it's better if this stock stays quiet and lays in the weeds waiting for a recovery. If this company can pull through this rough time financially and survive,, the company has a lot of value,,, that is undisputed.. I don't believe any bank holding paper would want to own land in Texas I would think restructuring would make more sense for the banks
So if the order is filled is it bad for the stock that someone is selling or good for the stock that someone is buying. Obviously no one is shorting at this point I would think.
Any company can be shorted to a low price.. trading price doesn't always indicate what a company is truly worth
Even a broken clock is correct twice a day... never relish in the fact others are losing money. One malignant diagnosis from your doctor and all this means absolutely nothing