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Microcap & Penny Stocks : VLVT (was CSMA) -- Ignore unavailable to you. Want to Upgrade?


To: Fair Field who wrote (731)11/17/1997 11:50:00 PM
From: David M.  Respond to of 11708
 
FF the spred at one point was close to the .60 mark.If you think about it !!!! It is designed to keep the day traders from cooking to much and gain support for the Stock.If you want to sell take the 1.50
If you want to buy It's 2.10 If yu bought at 1.40 then all you get is
.10 profit today.Some one posted about daytrading it today and said he got the full spread Profit .He was lucky and maybe smart but probably more lucky.
David M.



To: Fair Field who wrote (731)11/17/1997 11:59:00 PM
From: Just My Opinion  Read Replies (1) | Respond to of 11708
 
Fairfield: I can't really do much..I only have web tv.. For the money, it's great.
Earlier I had asked that question myself. Badtrader answere and he makes sense, but so do you..that's why I always get so confused about it. I have heard so many explanations. al



To: Fair Field who wrote (731)11/18/1997 1:52:00 AM
From: TraderGreg  Respond to of 11708
 
A group of us watched Coco all day like hawks. While I don't doubt the readings you observed, I did not see as such on either my Air Broker (cell phone continuous read) nor my Scottsdale Quote server nor my friend's PCFN quote server.

It is possible an anomaly occurred during a period of rapid price change that may have produced that bizarre spread. But it was definitely an isolated event.

TraderGreg