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Gold/Mining/Energy : Footmaxx YFT on CDNX

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To: Tom Jordan who wrote (20)2/2/1999 8:13:00 AM
From: Cush   of 64
 
The Spread; or why buying OTC stocks is a heads-up game.

As anyone reading this thread knows, I believe this company has good potential.
That said, here's a word of caution to anyone who reads the thread and decides to invest in shares.
Yesterday the spread was 10 cents. Bid $.55 Ask $.65

With OTC stocks this seems to mean that the best you could hope for if you wanted to sell would be $ .55
You might or might not be able to buy at $ .65 or less.

I have no knowledge that anything untoward has occurred with the trading of Footmaxx shares but this is a large spread.
Maybe it bodes well for the stock as it may imply that sellers are raising their expectations.

Let's hope so,

Cush
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