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Strategies & Market Trends : The DD Maven
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To: shortsinthesand who wrote (450)12/9/2008 7:04:20 AM
From: rrufff1 Recommendation  Read Replies (1) of 736
 
Hi Shorts - I didn't have a chance until now. I notice SOFN has been trading between .0004 and .0007. What's the typical bid/ask range? Are you able to buy and sell with the spread? That's the way to determine if that increase in volume is just trading or whether it is dilution or float increase that has not been disclosed yet.

It looks like an interesting one to watch. Do you want to put the bull/bear arguments here and we can discuss, debate, etc.

Quick comment on your post about buy/sell volume. Do you realize that those numbers are skewed? E.g., IHub and SI show buy/sell numbers. If the trade is above the previous trade, some of the systems are programmed to show it as a buy. I'm not sure how the IHub one does it, but they are notoriously wrong. If you buy at the bid, it shows as a sell. If you sell at the ask, it shows as a buy. If you trade the spread, the program can't tell what you are doing, particularly OTC and even more so on pinks.
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