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Non-Tech : Bid /Ask Spreads - Market Manipulation
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To: Rob Preuss who wrote (156)10/25/1996 3:35:00 PM
From: ----------   of 308
 
I really hate those stocks that have a spread big enough
to drive a truck through.

I bought my share 15 years ago when I thought it was possible
for me to find a diamond in the rough. What really soured me was
having a few of them go up. They would go up a fair percentage,
but I STILL would lose money because of the spread & commissions.

Unfortunately, I can understand why a market maker would keep such a
big spread in these low-float, low-volume companies. It is too easy
to get hammered. We both agree on the investment prospects of at
LEAST this stock, and maybe low-priced high spread stocks in general. They are a "crap shoot." Personally, I like the odds
on a crap table a little bit better.

Regards,

Doug

Regards,

Doug
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