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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion. -- Ignore unavailable to you. Want to Upgrade?

To: CIMA who wrote (60032)	8/23/2000 11:41:04 PM
From: wgmnoris	Read Replies (1) \| Respond to of 150070

Yes and stocks between .01 and .99 will have a minimum of... 100, 200, 300, 400, 500, or a greater quantity :( So a minimum of $2500 is required for a stock over $200 and usually unless it's REAL expensive $5000. But if the stock is .015 they can buy 100 shares of it to adjust the price for a HUGE trade of $1.50 Sometimes it is such a joke some of EXTREMELY SMALL trades made solely to adjust the trading price and to talk between the MMs. The SEC needs to make some kind of minimum limit, say $200 or more for OTC BB trades, maybe $500 to discourage the MM "100" to "500" stuff in my opinion.... Anybody have any thoughts on that? Thanks, Billy...