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Biotech / Medical : ACMI - Accumed Inc.

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To: Ranger who wrote (1724)5/30/1998 12:33:00 PM
From: Sigmund  Read Replies (1) of 1894
 
Sometimes bid is higher than asked. not likely to stay that way for long. There are multiple market makers. Perhaps one market maker is willing to pay the same price to buy as another market maker is willing to sell.

But I too find it strange for the bid and asked to be the same combined with low volume.

But we are in a strange situation. No one knows about the company, many don't know the correct symbol. Few would either buy or sell this company now.

No one wants to buy because the future is so in doubt. Shorting this stock would appear to be very risky. Holders may not wish to sell at such a loss when the upside scenario is believable at least.

After Wed we will return to something more like normal.

I was surprised the stock didn't go up on Friday but all the small caps were down.

I still think we are going up and big time once it gets rolling.

Company is not worth less now than two weeks ago. It is worth more IMO.
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