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Wednesday, February 04, 2015 10:34:04 AM
Bid .0134 and Ask .0135. (oh spoke too soon, just as I hit click to post, the MM's moved the chains on the field again, got that Ask back at wide open spread to .0150 but left that Bid down low at .0134. Like playing on a field where they just change the rules every 30 seconds or so on a whim)
Just seconds before the MM's had tightened up that ultra wide spread as it looked like there were no takers on the buy side at those level, you know, being the "big day" and all.
Again, is this an "investment" or more of a day trading/gambling casino where one waits for it to "run" on nothing but some PR hype deal? I'm very confused as to which it is? Seems more driven and most are more interested in just "trying" to make quick buck "flip trades" via the company using big "promoted runs" more than any long term sustainability? That means to me it's not an "investment" but more just a daily or weekly gamble trade and used to flip in and out of hoping to make a quick buck (or more than likely lose a large buck or two IMO).
What happened to it being a solid "investment" and all? Those, actual "investment grade companies" IMO don't run on "being promoted" and require some big "news hype" to get them so "spike" way up and all, only to then rapidly collapse each time afterword in these violent see-saws and yearly swings of 85% or greater swings, only to revisit their near all, all, all time lows- at least not in my book?
Not "getting it" here on this one, I'm confused I guess? Gamble trading versus an "investment"??
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