Value Microcaps Pick Six Lotto 05

[littlefish]

KiK, len - PSL6 rule: I personally think it is too lenient still on picking tiny thin-traded companies for someone to manipulate with huge bid ask spreads. Example: CKGT.OB traded at the bid to close Friday at 54 cents (down a whopping 30%+ on only 250 shares!). If it closes Monday at the ask there'd be about a 40-50% gain from what I saw (if ask doesn't change)! Same kind of thing with WSHE.OB, TELT.OB if it trades at bid. I have a better idea. Require the price to be not the closing price, but the ask price since that's what an MM is willing to sell their shares at. If I were playing PL6, I'd DD CKGT at $0.54 to start (seeing it had barely traded and looked to close at the bid of $0.54 I could send my pix to Len just before close and get away with it), and then buy 100 shares near the close Monday at $0.78 for a one day 50% gain on my DD. I'd have WSHE.OB in there too. If you required the ask price and someone picked CKGT they'd be getting it at $0.79 in their port, not $0.54. Huge difference. It is interesting to see some figure this out and manage big % returns in the game but it is also one reason why I'm not in it (plus I'm more dry and boring longer term). I'm not at all trying to slam PSL or KiK. He's playing within the rules so more power to him. I'm just saying that's one fair-sized reason why I'm not in it. People will probably catch on to what KiK is doing and start doing it themselves I would guess. Just use a screen tool to find bid-ask spreads of 40%+, profitable company, and over 20 cents. There you go. If you require the ask price on all transactions then you get rid of that loophole KiK was smart enough to figure out fairly early on. BTW, KiK, I think you are an excellent source of info and I'm not at all tyring to slam you. You're playing within the rules and your info/posts are well informed and often beneficial to all:) Gotta go! Good luck to you in PSL6...