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Re: notanindex post# 18544

Thursday, 07/15/2021 9:42:48 AM

Thursday, July 15, 2021 9:42:48 AM

Post# of 19547
Notanindex, RE: Wide Bid/Ask Spread - We researched via Google and here are a couple of the explanations provided:

1.) "Market makers often use wider bid-ask spreads on illiquid shares to offset the risk of holding low volume securities. They have a duty to ensure efficient functioning markets by providing liquidity. A wider spread represents higher premiums for market makers."

2.) "A stock's price also influences the bid-ask spread. If the price is low, the bid-ask spread will tend to be larger. The reason for this is linked to the idea of liquidity. ... Ultimately, the bid-ask spread comes down to supply and demand."

In any case, We're All Pretty Sure that We'll See Veltex Continue it's Run Up as There's Quite a Bit of Impressively, Positive Fundamentals that Contributes to and Reinforces the Opinion that Veltex Will Fly Up Much Higher than the Current Stock Price.

Quite Frankly, We Believe that We're Sitting On a "Gold Mine"...a lot of TREASURE and PLEASURE, Beyond MEASURE!
(Pardon the Rhyme! Lol)

Best Wishes,

Gratzi