Saturday, September 27, 2014 9:40:06 AM
someone wanted in pretty bad... put up a 70,000 share order @ .075... and due to low float and low liquidity... bid/ask immediately jumped 25 to 50%....
bid ask went from 5/7.5 to 7.5/9 .....
there also was a bit of buying at 9 ... about 10 to 15 thousand shares worth...
then, of course... someone saw the a decent amount of shares at the bid and wanted out.... so...
the good:
-mjlb is slowly becoming a stock with some liquidity
-seems to be accumulation lately with mjlb, especially when it gets below a nickel
-float still really, really low
the potential bad:
- is it shareholders just happy to be out or is it dilution
to be continued
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