Gib Cap Group Inc (GIBX)

[ancalagon]

Seems logical. Regardless of market maker manipulation with bid / ask spreads...the volume is what it is. If there was a great deal of demand for this right now the price would go up. I know a few people here are picking up...according to them...a few shares here and there on the dips...but most people who want to own this stock in any considerable size have their shares already. The good thing is there hasn't been over the past few days any massive selling. When this situation occurs you see wide bid / ask spreads like we see here. You're talking what...about a 21% immediate loss...if you were to buy at the ask right now. When news comes...ie demand comes...these spreads will tighten. Right now you have some equilibrium...no one really wants to buy and no one really wants to sell at these spreads. All my humble opinion, of course.

But the good news for the longs is that no one is seriously dumping right now...not retail and seemingly not the company.