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Microcap & Penny Stocks : MTEI - Mountain Energy - No BASHING Allowed -- Ignore unavailable to you. Want to Upgrade?


To: GT who wrote (4541)7/6/1998 3:42:00 PM
From: Janice Shell  Read Replies (4) | Respond to of 11684
 
I think the low bid is their way of discouraging recent buyers from selling for such a small profit...

WHAT??? MMs aren't in the business of "discouraging" traders, unless they really don't want to touch the stock.

A wide spread is an indication of low volume and a lack of orders to the MMs.

Though knowing how you all like MM conspiracy theories, the low bid could also mean they just don't wanna buy any.