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Biotech / Medical : VD's Model Portfolio & Discussion Thread

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To: Vector1 who wrote (4691)4/20/1998 4:37:00 PM
From: Andreas Helke  Read Replies (1) of 9719
 
You can sell your shares at that price but with the low volume it is virtually impossible to buy 3000 shares at that price. My quotes show a bid of 8 3/4 and a ask 9. I have several times tried to buy or sell LGNDW inside the spread usually 1/16 inside of bid or ask. Thus I have spend many hours of providing the best bid or ask. I never managed to sell a share and just once managed to buy a few hundred shares after waiting several hours.

Andreas
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