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Biotech / Medical : SANGUINE CORP. (SGNC) -- Ignore unavailable to you. Want to Upgrade?


To: Springer who wrote (1647)6/23/1998 4:29:00 PM
From: Jim B  Read Replies (2) | Respond to of 5402
 
many possible reasons for the spread... that's not all that
large.. I've seen 50cents gaps.. like .25 x .75!

so it's not that bad... they may simply be trying to keep people
from buying and simply only want people to sell.. who knows..

as for your order filled below the ask.. they can do that..
they just don't have to...

.75 x .81 .. you may get .78 or .80 filled.. but not often..

so I guess you bought in today???

jim



To: Springer who wrote (1647)6/23/1998 4:33:00 PM
From: Hyrulean King  Read Replies (1) | Respond to of 5402
 
...any takers on that question for Springer?...

basically IMO the spread is so large because:
1) they can do it
2) people will buy/sell it
3) this is the wild wild west otc:bb

you got less than ask because
1) they let you do it
2) they can make a good margin from it
3) this is the wild wild west otc:bb

chief
-checking out alex kintner's raft again (one big chomp in the middle)