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Microcap & Penny Stocks : NBMX - National Boston Medical (was FGRX) -- Ignore unavailable to you. Want to Upgrade?


To: Lane Hall-Witt who wrote (529)10/28/1998 7:22:00 PM
From: xbrent  Read Replies (1) | Respond to of 1286
 
IMO the true spread of any stock is just before the close not at the close most of the time. The MM jerk down the bid frequently and less often but still frequent they raise the ask. I have thought that they do that because they are looking to get the low ask should somebody want to sell afterhours.



To: Lane Hall-Witt who wrote (529)10/28/1998 7:46:00 PM
From: xbrent  Respond to of 1286
 
There has been a buzz around the internet trading world regarding NBMX. On a day when NBMX trading is pretty wild, the bashers arrive in the morning and the SEC is doing its thing thru out the day it is easy to get pretty confused/excited/worried etc. Doing DD on BB stocks is almost a oxymoron. As in the two are somewhat incompatible. All any of us can do is read between the lines and make our best call. Yesterday people were upset with me because the stock closed way off.
Today most of us are pretty happy because the stock had quite a day.
Tomorrow I think the stock will truly define itself and answer alot of questions before lunch time Eastern. I think that most of us will be pretty happy once again. But it is a BB stock and we won't know until we know. (Kind of a Yogi statement) I am only absolutely certain of one thing, the trading in NBMX is going to very volatile
once again. We could easily blow thru $1, but in reality there is no one who truly knows what will happen .