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Alias Born 08/31/2014

Re: None

Wednesday, 12/24/2014 7:56:52 AM

Wednesday, December 24, 2014 7:56:52 AM

Post# of 8579
Just a curiosity/question I'll pose to those more experienced than I in the market for penny stocks. I notice the following on this website:
Bid Ask
0.006 0.0174

It seems a bit odd to me that the Ask would be nearly three times the Bid. So my question would be what sort of underlying situation might lead to such a wide spread. I realize that by the time I hit "submit post" this spread may have narrowed significantly, but at this moment I'm just wondering.

Also, as regards on the one hand, the opinions of the bulls on this Board that this stock is the real deal, and on the other hand the recent FINRA caution does relate to situations like that of DOGI morphing into VHUB (coupled with a well-documented pump and dump scheme when this stock was to be found at a much higher price), I'll guess that there will be selling pressure on VHUB based on the FINRA pronouncement, as it's hard for one stock to escape "the halo effect" of industry news. Perhaps that's why the "NOOB" was OK with getting out of his position with a market sell-order.