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Microcap & Penny Stocks : MDMI: Massimo da Milano, Inc. at .02 up 66% 52wk high .38 -- Ignore unavailable to you. Want to Upgrade?


To: jmhollen who wrote (12)2/1/1999 8:43:00 PM
From: Bugsy  Read Replies (1) | Respond to of 20
 
The reason for the wide spread is because of the light volume. When volume picks up the spread will become smaller. These MMs want to make money, the only way for them to make it in a thinly traded stock is to buy low and sell high. That is the reason for the wide spread. Now I'll shut up.

Regards