Genesis Media Group, Inc (GNNX) Message Board

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Microcap & Penny Stocks : Genesis Media Group, Inc (GNNX)

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To: Charger who wrote (1076)	5/18/1998 1:10:00 PM
From: BEEF JERKEY	Read Replies (1) of 3129

Greetings! I am not as familiar with Nasdaq OTC exchange stocks as I could be and was wondering if one of the more knowledgeable could explain the signifigance of the gap between bid and ask? On appearance it seems that the MM s are simply buying low selling high at a ~7% profit each time! The reason it appears this way to me is that on another OTC stock I once tried to sell at the ask I couldn't get my sale through until I finally dropped my price to the bid even though the bid and ask stayed consistent for quite a period of time in which at least a few hundred thousand share exchanged hands! Dont worry I'm not thinking of selling my GNNX! Its too valuable to let go at these low prices! Thanks!

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