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Squeegee_1

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Squeegee_1

Re: phxgold post# 1762

Tuesday, 01/15/2008 12:50:42 PM

Tuesday, January 15, 2008 12:50:42 PM

Post# of 5932
The spread is simply the net effect of extremely low volume. The MMs make their money off the spread... Low volume equals big spreads, high volume equals smaller spreads.

Do a simple market scan for stocks trading below 1.00 with average shares traded set below 50,000/day. My results are well over 500 stocks with similar spreads. No biggy...

Use this time to jump the bid and try to snag shares at .56 while NITE is at .55.
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Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Detailed Quote