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Monday, 12/04/2017 2:14:32 PM

Monday, December 04, 2017 2:14:32 PM

Post# of 12613
Marketwatch is finally reporting 3rd quarter of 2017. The report shows that gross sales were significantly higher in the 3rd quarter than the 2nd quarter but expenses were greatly increased with a lower profit figure, but still a significant profit. Based on this, the subpenny price for the stock seems unjustified, but stock investors look at a lot of stuff that has nothing to do with profitability and the Wall Street transaction brokers use very arbitrary methods for setting "bid" and "ask" prices.
One question that should be asked is why the cost per sale increased during the 3rd quarter and whether this means anything for the future.