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1nvestor

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1nvestor

Re: Ted F post# 15673

Friday, 08/01/2008 2:26:40 PM

Friday, August 01, 2008 2:26:40 PM

Post# of 30387
Think you are factually wrong on that Ted. There were only 5900 shares traded today (as I write this). A few hundred early in the day and a 5000-5500 block recently which was a BUY at the ask of about .29 within the last couple of hours. That's it. No painting at this point.

The .29 was purely the result of 90% of the day's volume coming at once and at a legitimate ask.

I would GUESS that the very low Bid (and hence large spread) is due to the very low volume today in total compared with the average volume these past few weeks.






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