Thursday, April 30, 2015 10:00:40 AM
Bid= 10,000 @ .0115 ($115)
Ask= .0125 ($125)
Cost of trade = $7
Difference in Bid vs Ask = 10 bucks for this trade.
The problem is if you won't spring for the extra 10 bucks, or 3 bucks over the cost of the trade, then you really don't believe in this stock. Period.
Seriously, if you're pinching 10 bucks for 10K shares, you aren't optimistic.
This is a multi billion dollar asset. 10 billion according to the Chinese. If it's a 10 billion asset, that's 11 bucks per share with the current float (rounding to 900M shares).
And we're pinching hundredths of a cent.
Can I suggest something? Pull the trigger. Just do it. You won't miss the 10 bucks. Your kids, grandkids, wife, mother, ...etc, will be affected in a positive way and very soon. Live dangerous. 10 bucks is what you drop in the parking lot just going to see a movie. 10 bucks is what you spend for two hamburgers at Steak and Shake.
Lemmie look a second...no, you still haven't hit the ask? Sheesh what are you waiting on man? When that 10,000 shares hits .50 you know what? That's 5 grand you lost waiting to save ten bucks.
Take a bite of the Niobium doughnut. Man up. Pull the switch. Grab that 10K shares like you're riding the big boy merry-go-round reaching for that Niobium ring.
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