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Biotech / Medical : corgenix

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To: charles moore who wrote (9)9/3/1998 5:07:00 PM
From: Benoit Desrochers  Read Replies (2) of 191
 
Charles,

When I first started receiving stockplayer, I realized the "pump and dump" was quite effective. You would get a tremendous rise in price for one day, and the stock price would start to fall the following day. Over the course of time the duration in the rise would shorten, so traders would buy and get out before afternoon, only to have the price close lower than the previous day. That's all I meant by backlash. Important thing is that there is and will be a bit more exposure.

I'm new to COGX. Today's close was 1.1
bid .875 ask 1.187
Is the large spread between bid & ask normal for this stock? ........Ben
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