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Microcap & Penny Stocks : LDDI (Long Distance Direct Holdings, Inc.) -- Ignore unavailable to you. Want to Upgrade?

To: Patentlawmeister who wrote (62)5/21/1999 2:44:00 PM
From: LT  Respond to of 216
 
It's amazing to me how the market makers can maintain a bid/ask spread of .26 - .35, which is about 30%. That's one hell of a commission.

Yea for sure. Something's up though, they are making you pay premium if you want some, take bottom barrel if your selling. The posture doesn't encourage much action. They want it that way for some reason and they are getting it......something is in the "wind"

LT



To: Patentlawmeister who wrote (62)5/21/1999 4:10:00 PM
From: M. Frank Greiffenstein  Read Replies (1) | Respond to of 216
 
It's amazing to me how the market makers can maintain a bid/ask spread of .26 - .35, which is about 30%. That's one hell of a commission.

Welcome to the wierd world of micro penny stocks! The only way a MM is willing to deal in a stock is if he can get a reasonable profit.

DocStone


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