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Monday, March 07, 2016 3:15:10 PM
You do know that the stock can trade anywhere in between the bid and ask, right?
A (temporary) large spread is not that big of a deal
Is this what Gary F Kimmons said? Does he have shares he is trying to sell? If yes, is he placing a higher price on his sell orders...if he is trying to sell? Or could it be Lance?
http://usatoday30.usatoday.com/money/perfi/columnist/krantz/2011-03-24-bid-ask-stock-price-spread.htm
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.
Could $3.50 Buyer get stuck holding those shares? Will Escue Energy go the route of Gary's FlashZero?
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