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Microcap & Penny Stocks : Tokyo Joe's Cafe / Anything goes -- Ignore unavailable to you. Want to Upgrade?

To: NASDBULL who wrote (27503)	6/26/1998 1:55:00 AM
From: TradeSmart	Read Replies (1) \| Respond to of 34592

Spread on CSCA is huge. I wouldn't recommend putting a market order in. I would at least wait to see if the bid rises or the offer drops before putting a order in. In your example, yes that would be a great risk, but who in their right mind would buy at the offer with this spread. In all trades your already out of the money from the commission and spread. You must learn how to limit your risk and NEVER fall in love with a penny stock. Penny stocks aren't made for buying they are made for selling. TradeSmart