IMO when a stock comes under buying pressure the MM sell and move the ask up followed buy the bid. As the pressure eases they drop the bid which will normally spook weaker hands into selling and lower the bid further but the ask won't necessarily keep up and you get a wide spread. This discourages buyers. The problem is the MMs can see the order book so if the buying pressure looks likely to continue they keep the ask up. hence ifyou sell @ the bid you may not be able to buy back at a lower price unless your willing to wait at least some days until buying interest leaves the stock. I have fairly decent long position & some trading shares in IBCS. I try to buy on low volume days @ the bid or in between the B/A.I sold some the last time it crossed a nickle. I always try to lower my cost per share, but the bottom line for me is if these guys make it, whether you buy @ 2,3,4,or 5 cents you are going to be happy.Lots of folks flip this stock from 2-3or4 cents for a penny or 2. Having been at this game for a while I am always skeptical and that goes for IBCS as well as every stock i own. Then one day some of them do a CHDT or MBAH or TRPL and I become very pleasantly surprised. If they do an LRSY then you can really have a party. I am pleased to say I owned them all from close to the bottom. Go IBCS GOOD LUCK TO ALL IBCSers!
This is not a reco to buy! Please do your DD!
