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Microcap & Penny Stocks : IMMM ( I'm Mad Monk)
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To: DanZ who wrote (284)3/23/1997 2:23:00 PM
From: Larry S.   of 1480
 
Chat NASDAQ Bid/Ask - Dan, those numbers do not seem terrible out of line. Remember NAS B/A are the "best" offering of many different market makers whereas on listed stocks there is one market maker. So I would not assume a logical progress in bid/ask and size, as we might see on a listed stock because it shows the offering of only one of the market makers. The next one behind or ahead on the NAS can pull their quote at any time. What's the old saying, market makers make thieves and whores look wholesome? Larry
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