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Strategies & Market Trends : Ride the Tiger with CD -- Ignore unavailable to you. Want to Upgrade?

To: Eva who wrote (31322)	7/21/2005 11:33:31 PM
From: TrueScouse	Respond to of 314118

Hi Eva: In my view, TD does is correctly. The current value of a stock is only as much as you could sell it for -- and that's represented (to some extent) by the latest bid, not the last trade. In fact, with a lot of the juniors where there's poor liquidity, the last bid is a generous valuation, because if someone with a big position (you? :^) tried to unload it the next day, you'd probably average less than the last bid -- unless there was a major spike up in the market as a whole. Try selling 50,000 shares in a day when the average volume is 20,000! And I think lots of us on this board could be in this position. JMHO... Howy