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Microcap & Penny Stocks : TREY: undiscovered stock
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To: Blayton who wrote (171)6/30/1998 4:46:00 AM
From: voyager.ed  Read Replies (1) of 270
 
The bid was .12 and the ask was .13. I tried to pick up 25,000 at .125. Many times you will get it either bought or sold between the bid and ask. However, in this case the mm are playing games with the spread (fairly typical)and only selling to you at the ask and buying from you at the bid. I'm not sure quite what it means, but when it is stacked up 2x3 somone should be willing to move off the bid/ask price. For 2 days no one is willing to do that, in fact, put in a series of 3 5,000 share purchases even at the ask and watch them move the ask up .005 quick. They are acting real skittish. Could mean a lot of different things, which will become clear in due time.

regards,

Ed
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