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Re: ptk123 post# 6778

Friday, 03/16/2018 4:22:53 PM

Friday, March 16, 2018 4:22:53 PM

Post# of 11360
At various times during the day, you will see the spread vary a lot. In general stocks that have low floats tend to have wider spreads.

Myself, I've never understood why a low float stock will have a wide spread making it hard to get out at a good price. My personal logic, if I were a market maker, would be that even on a low floater that I brought the bid price up nearer to the ask to entice selling. However making a market in a low float stock and keeping the spread wide is probably how the market makers make their money - but I'm guessing.

At various times during the day you will see the spread tighten considerably and widen considerably, I presume at that time, the market makers all have enough shares to sell etc when the bid and the ask is close.

Happy to be corrected if someone knows better.

My post are my opinion only. You should do your own due diligence before investing in any stock or take professional advice. I am not an investment advisor. Kind Regards.