Hello Jodi,
This spread is nearly what is has been for the last three weeks. I looked at ACCY a week or two ago and it was .10/.14, so what do you expect for a bulletin board stock ? If you want to see a real spread, look at EXSO.
Anyway, I'm sort of hoping/expecting that the ask won't retreat any more. The float has already been around the block a couple of times, and all I can figure is that all of the Alexander Westcott placed stock got turned over for a quick profit for those holders (they got it at .16 for the most part, maybe they sold at around .23) Anyhow, I agree with Cheryl that a new base exists in the high teens and low 20s and up. I don't see much more selling until this starts to move.
Folks, if you are truly in this as a longer term hold like I am, don't sit by your computers waiting for this to explode! Be a little patient. If you're not going to be patient, then don't say you're in this for the long term.
Jodi, good luck if you decide to get in, and by the way, I call myself a rookie, because I've got a lot to learn, so you can take everything I say with a grain of salt, as it is just my opinion.
May peace be with you all,
David |
