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Microcap & Penny Stocks : ADOT - BIOMODA: Profitable Technology with Purpose

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To: ksuave who wrote (1806)10/3/1998 7:28:00 PM
From: Guy.  Read Replies (1) of 4650
 
Dear Richard,
with all due respect,one penny is almost 10% of this
stock.
When ADOT trades @.13(couple of weeks ago),and the bid
is .115 it is an outrage.Why the hell should i sell the
stock at a price lower in 11.5% than the price of the stock?
The situation is even worse in other otc:bb.
There ought to be a law.This thing shouldn't be ignored.
Instead of 6,8,10(i don't know how many)market makers,who
charge you exaggerated bid/ask there should be only 1-2 MM,
and they will do the whole trade and take a NORMAL commission.
I don't understand the regulatories,why don't they do something
about it?
I asked this question many times.Some people said i was right,
some people said nothing we could do about it.
I am still waiting for someone who will give me a satisfying
answer.
Since there are a lot of intelligent people here,i am expecting
some good answers.
Thanks
Guy
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