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Microcap & Penny Stocks : DGIV-A-HOLICS...FAMILY CHIT CHAT ONLY!!
DGIV 0.004:00 PM EST
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To: dwlima who wrote (2760)5/4/1998 2:42:00 PM
From: LAWRENCE C.  Read Replies (2) of 50264
 
<OT> A tight spread on a stock thats moving is good for a day trader. A day trader wants to make money off the volatility either up or down in a stock. In our case they would want to buy low and sell higher. A day trader doesn't want a stock to just lay flat during the day like we are. They want something with volatility like a KTEL that they can get in and out on the same day with a profit. So the MM's are discouraging day trading by keeping the intraday range relatively flat.

Lucky Lawrence
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