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Microcap & Penny Stocks : Socket Communications (SCKT) -- Ignore unavailable to you. Want to Upgrade?


To: Dakota12 who wrote (130)6/25/1999 10:41:00 AM
From: GARY P GROBBEL  Read Replies (1) | Respond to of 932
 
David...as opposed to the major exchanges the 'efficient market theory' does not apply to the microcaps...that is why I farm down here. It generally takes a longer period of time for news regarding a microcap company to be widely disseminated and analyzed....thus the 3 day maxim for news affecting a microcap.

NITE is on the bid now at 1.18...if I own it I would prefer NITE to be on the bid rather than the offer<g>.

gpg