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Gold/Mining/Energy : Naxos Resources (NAXOF) -- Ignore unavailable to you. Want to Upgrade?

To: citydi who wrote (12268)4/24/1998 4:42:00 PM
From: Tommy G.  Respond to of 20681
 
Citidi,
Like Alan said in post #12264 the bid/ask spreads for most of the day were 3 5/8 x 3 7/8 ;however, for a short time at the time I posted the bid/ask was 3 x 7. I've seen it before with other OTC stocks and I know there is a reason the MM's set the spread, but I don't understand the strategy.
Tom Gardner


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