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Microcap & Penny Stocks : International Nursing Services Inc, old (NURS) new (MDIX) -- Ignore unavailable to you. Want to Upgrade?

To: MICHAEL R WILLIAMS who wrote (2487)	2/22/1999 10:00:00 AM
From: REH	Read Replies (1) \| Respond to of 2911

somebody trying to get in cheap and MM manipulation?? my 2 cents: $ 2-4 this year reh

To: MICHAEL R WILLIAMS who wrote (2487)	2/22/1999 10:22:00 AM
From: Robert E. Winston	Read Replies (1) \| Respond to of 2911

<<Why is the spread 25 PERCENT of the price? >> It is interesting. A broker once told me that BB market makers, unlike those on the exchanges, are not required to trade at the bid/ask. That is, if I submit a buy order at market on a listed stock the MM is required to sell it to me if he has the shares at the ask or less. And if I submit a sell market order he has to buy my shares at the bid or better. This does not apply to BB stocks. So the bid/ask simply doesn't mean as much as on the exchanges. It also explains why some people were complaining a few weeks ago that their orders, at market - not limit, were going unfilled.