New Sky Communications (NSKY) Message Board

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Microcap & Penny Stocks : New Sky Communications (NSKY)

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To: Redhook who wrote (1681)	8/24/1998 12:39:00 PM
From: Russell Gish	Read Replies (1) of 2601

Large spreads inhibit buying, BUT because of that it therefore wears on the patience of those less inclined to exhibit patience. Thus when the impatient do sell then you may see a drop in the ask or if the MM needs more shares to fill a limit order he may drop the bid further to induce panic selling. What to do? Depends on your investment/speculation philosophy. If you like the company hold on..... if you don't then maybe $0.02 is the best price you'll get for the next month or so. Good Luck, Russ

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