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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)
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To: JDN who wrote (9249)1/22/1998 1:00:00 PM
From: Rob L.  Read Replies (1) of 31646
 
JDN, look at the bid ask right now. 5 1/2 x 5 17/32. with bid size at 5000 and ask size at 500. This to me indicates more buyers than sellers at this point. Maybe Tim or someone else can tell us why the MM won't move the bid up to return the bid/ask to equilibrium. it would seem that there are only 500 shares willing to sell at 5 17/32 while there are 5000 shares willing to buy at 5 1/2. More demand than supply at the moment so bid/ask spread should move up. But it doesn't happen. why?
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