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Is it me, or are all the stocks on the OTC with a huge gap between bid and ask...Guess it depends on the float and a few other factors. Crazy! Just venting.
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quote:Originally posted by Clarkie: Is it me, or are all the stocks on the OTC with a huge gap between bid and ask...Guess it depends on the float and a few other factors. Crazy! Just venting.
no you aren't crazy---my THEORY is that the market is slow, the volumes are down..the "good" LOL MM's are there to trade across the board. they need to make a profit on the trades.so they are trying to maximize their profits on each trade... perfectly legaal and honorable....try offering between, if they can make a deal, they will... if they can't they won't..... just remember they will move the prices around as much as they can to generate business, so they might scare you.....
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I looked at that one again a few days ago and also thought it might be going up soon. I seem to remember it was the volume that caught my eye or a moderate price increase.
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