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Microcap & Penny Stocks : CYCOMM (CYII)-on aquisition trail

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To: Don Parker who wrote (932)12/30/1997 7:11:00 PM
From: Filippo Zucchi  Read Replies (2) of 1800
 
I bought in at 1 5/16. Some of the posts I read last night were suggesting a bid/ask spread of $.50. All day it traded at a 1/8 spread and they were filling in between most of the time. That's decent market making considering the low price. Why are people complaining about that? As for the low after hours bids and large spreads, I doubt that the stock trades after hours and those spreads may simply represent "on the close" bid/ask, not the specialist's pricing. Happy trading in '98.
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