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Re: Whoisit post# 4140

Tuesday, 10/02/2018 10:36:48 AM

Tuesday, October 02, 2018 10:36:48 AM

Post# of 16024
The other thing I should have mentioned in case it wasn't obvious was the spread being .035 x .06 is why this was able to shoot up 70% on the day (and likely will also come back down to .035). If someone buys at the ask, it's going to print a .06 (up 70%). If someone sells at the bid, even just 100 shares, it's going to print .035 and be back at flat. On such light volume with such a wide spread it's really irrelevant what it's printing. It will need volume to legitimately move up and be in play, but this is a sign of how thinly it trades and how much potential it has when/if legitimate volume comes in.