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RFB

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Alias Born 07/07/2011

RFB

Re: MDuffy post# 50567

Wednesday, 05/10/2017 12:42:22 PM

Wednesday, May 10, 2017 12:42:22 PM

Post# of 81999
Does not have the liquidity to be a "traders dream". This security is being traded what I will call ugly. MMs are spreading the gaps due to lack of liquidity to ensure when they position any capital, they can still exit with a profit. That aside, the company and associated underlying security are not in a good place. The distribution is the highest it has ever been....simply means that there is no interest (in the security) and what you see in the trading action is a few folks attempting to have fun with it....this is also proven by the lack of MMs listed in the book. Typically only 4 brokerages/markets attempting to trade it, where a typical NASDAQ listed ticker will have at least 6 or 7 and upwards of 10-15 based on size....

In short, they are still unproven to the have any sustainable value to the market and insiders having fun with the security attempting to generate some revenues trading it. Hopefully the earnings will fix their value problem, or at least place some facts out there for analyst to take a look at...

I do not endorse or condone any content outside my post which is an opinion, nothing more. Any/All links are IHUB spam.

Volume:
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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