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Monday, April 20, 2015 10:02:19 AM
0.008 / 0.0093 (190000 x 228817)
22% "up" supposedly on the Ask at .0098 open on about $500 bucks worth (Ask already dropped to .0093) , but the Bid doesn't budge off of .008? Right on.
Oh yeah, they're "working" this one again, holy cow.
Looks like another "breather" day perhaps, or are the dilution MM's just gonna step on it here in a bit?
Buy shares at a 22% premium over the Bid, try and sell um literally 30 seconds later and it's a 22% loss, LOL. The OTC MM's are the most brutal there are IMO. How does one even put up a 22% spread with a straight face as an MM and claim they're providing liquidity and a liquid market?
So far CDEL is on the Ask, but BMAK is way, way out on the Level II. BMAK did that last week for a "breather" day or two- but then stomped on it hard by end of week. Will have to wait and see.
A 22% spread is a tad too rich for my tastes at this point. Personally, I need a little liquidity to feel safe.
Amazing IMO.
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