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Technology Stocks : Top Image Systems Ltd. (TISA)
TISA 0.850-0.5%May 6 5:00 PM EST
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To: Skywatcher who wrote (150)2/13/1999 3:05:00 PM
From: Alegzis  Read Replies (2) of 436
 
Do you recall the types of spreads you were seeing when the warrants were trading 1 - 1.5? If the spread were as wide as it is today, a bid of $1 would be accompanied by an ask of $1.5. (Like today, if you bought $15,000 worth of TISWF, you could sell them right back to the MM for $10,000...like driving a new car off the showroom floor).

I agree with you regarding the price movement on low volume; i.e., that's somewhat normal. However, on Fri when I bought warrants, the ask went from 9/16 to 11/16 but the bid remained at 7/16. It remained that way the rest of the day. That's a little fishy.

BTW, is this stock traded as an ADR?
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