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Microcap & Penny Stocks : FAMH - FIRAMADA Staffing Services
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To: PHarris who wrote (27676)9/23/1999 12:32:00 AM
From: R. Murphey  Read Replies (1) of 27968
 
PHarris, I suspect that's only "spread" action showing a buy at the "ask". If they turned around and sold the shares at the "bid", it would be an instantaneous 25%+ loss. The "bid" would have to increase by over 33% just to break even, considering the impact of a commission.

I personally don't perceive % fluctuations between bid and ask prices to be "real" changes, just representative of what the MM skims off the unsuspecting.

Regards,
Bob

PS: Starting to get a little cool up in the foothills?
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