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vere76
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I got in at .41and i want to sell the ptice is .81 but the bid is .53 why is there such a gap thanks


DPBM: DEEP BLUE MARINE INC - 2/7/2006 11:45:58 PM ET
Price *Change *% Change Bid [tick] Ask B/A 0.81 0.00 0% 0.53 [-] 1.05 2500 x 500 0.60 551,184

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Phoenix
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Usually there's a big gap when the market makers want to slow down a stock. They figure if someone wants the stock bad enough, they'll pay the ask price. They figure if someone wants to sell bad enough, they'll sell at the bid price. That's how the MMs make their money. Usually when volume picks up, the spread tightens up. You can always try selling at the ask though. Sometimes works...same thing with buying at the bid. If that doesnt work, work your way down slowly from the ask price and see if anyone bites.
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