Carnegie Development Inc. (CDJM)

[Milesblue42]

RED FLAG? Escue Energy Bid-Ask spread?

The Escue Energy Inc Bid and Ask spread is more than a dollar, its a $2.20 difference

http://investorshub.advfn.com/Escue-Energy-Inc-ESCU-5715/

Escue Energy, Inc. ( (ESCU)
2.0 ? 0.0 (0.00%)
Volume: 1 @ 12:42:41 PM ET
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Bid Ask Day's Range
1.0 3.2 - - -

Is the large spread between the Bid and Ask price a possible Red Flag?

http://usatoday30.usatoday.com/money/perfi/columnist/krantz/2011-03-24-bid-ask-stock-price-spread.htm

Quote:

If you start to see the bid and ask prices drift widely apart, you should take note. A large bid-ask spread perhaps indicates light trading in a stock, which may indicate the pool of investors interested in trading the stock is dangerously small. Light trading volumes can result in you paying too much for a stock or not getting a very good price when you sell.