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Microcap & Penny Stocks : Amazon Natural (AZNT) -- Ignore unavailable to you. Want to Upgrade?


To: Jeffrey S. Mitchell who wrote (18903)2/9/1999 6:47:00 PM
From: Angusb  Read Replies (1) | Respond to of 26163
 
Hey, no fair. I've always maintained that AZNT was a 'dog' or PoS...me too....me too!!!

I even called one of the stooges a 'nose picker' in addition to being a classless boor and liar. AND, I'm an evil Canadian!!!!!

Janice, do you like Bermuda fish chowder with some red wine? perhaps we could dine together if Spidey's buds upgrade me to a probable or (dare I hope) a definitely.



To: Jeffrey S. Mitchell who wrote (18903)2/9/1999 7:06:00 PM
From: Angusb  Respond to of 26163
 
Regarding the price of AZNT shares and painting the tape. I believe that the BB is a dealer market rather than an open auction exchange. In this case, the bid-ask spread is an important factor since an investor can with certainty only buy from the MM at the ask and sell to the MM at the bid. My computer shows an enormous 21% spread between the bid and ask which indicates that you could only be sure of $0.78 per share at the close today.

BTW, a large spread between the bid and ask often means that the MM's are nervous about the risk of large price fluctuations (most likely down but the spread really doesn't predict either)