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Re: ElCollector post# 3679

Thursday, 03/14/2019 9:22:40 AM

Thursday, March 14, 2019 9:22:40 AM

Post# of 26299
The spread has been huge all year. It traded in a fairly tight range for extended periods even though it’ll look like crazy volatility. The important thing is the bid and ask keep rising over time. From sub penny barely over a year ago to holding above 3 cents shows strength and it’ll just keep building as the company grows and they get more exposure in the market. Instead of bids in the low 1s and ask in the low 2s we’ve been having bids in the low 3’s and ask in the 4’s. 1 trade can make it swing 25% but it doesn’t mean the stock is crashing.

Until the spread tightens and volume increases I expect this trend to continue. I’m happy to be already loaded so I can just put a low bid in and catch any cheapies. People still loading may not have the time for that strategy to pay off. Anything low 3s appears to be a great buy and anything sub 3 would be a steal at this point!

Hope Bonar keeps updating us regularly! All the progress has sure been nice this year;)
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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