Followers | 24 |
Posts | 2408 |
Boards Moderated | 0 |
Alias Born | 04/12/2006 |
![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Friday, November 25, 2016 11:05:20 PM
Professional stock investors do the same thing, trying to outsmart the market. This is easier to do when the vig is low like on stocks on the major exchanges. (less than 1%) However, on the pink sheets when the spread between the bid and ask is 20%+ it is IMPOSSIBLE to overcome such a huge big by the "house". An example of this would be ERHC where the bid is 10 milrays and the ask is 12 milrays. One would start off 20% in the hole buying at this spread. So the share price would have to go up 20% just to break even. Making any money under these circumstances in virtually impossible in the short term, so day trading stocks like ERHC is a no win situation, because of the high bid/ask spread. Anyone that says they can do so is not being truthful.
The share price remains in the mills or mil rays, that's 001? or soon 000? Will we EVER see a penny again? Most here have hope, my hope has left the building and this board
.
Recent ERHE News
- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 02/06/2024 07:31:22 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/08/2023 09:06:42 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/28/2023 05:35:35 PM
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM
Fifty 1 Labs, Inc Announces Acquisition of Drago Knives, LLC • CAFI • Jun 18, 2024 8:45 AM
Hydromer Announces Attainment of ISO 13485 Certification • HYDI • Jun 17, 2024 9:22 AM
ECGI Holdings Announces LOI to Acquire Pacific Saddlery to Capitalize on $12.72 Billion Market Potential • ECGI • Jun 13, 2024 9:50 AM
Fifty 1 Labs, Inc. Announces Major Strategic Advancements and Shareholder Updates • CAFI • Jun 13, 2024 8:45 AM