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Microcap & Penny Stocks : CSHK CASHCO MANAGEMENT Y2K -- Ignore unavailable to you. Want to Upgrade?

To: TEDennis who wrote (4773)	7/2/1998 1:26:00 AM
From: Michael Sphar	Read Replies (1) \| Respond to of 7491

You are comparing "bid" to "ask" closing pricing. Not a luxury that most can indulge in. A more realistic comparison would be a "best ask" of 12.5 cents to a "best bid" of say .14. Then the theoretical gain is 12% minus commissions and other costs. Not a shabby number if one is daytrading in any case and a lot more realistic. Course with total daily volume of only 44,600 shares this is less than a $7000 event, which means that one is constrained to only about $840 bucks gain at best assuming that total volume is your own transactions. Not a likely scenario in any case. In summation there is less here than meets the eye.