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Re: Cronek post# 4468

Tuesday, 01/19/2010 1:56:22 PM

Tuesday, January 19, 2010 1:56:22 PM

Post# of 6308
The bid / ask spread is a function of investor interest.
Currently there isn't much interest. This is the early accumulation phase of this stock -- which is the longest and toughest portion for short to mid term investors.

You may just want to switch over to the long term investor side for SPHE-- you will sleep better at night and you don't have to watch the daily price action.

I personally don't even care if the price drops down to a cent...
I have my shares and will wait patiently for my 1000% return - which I will be more than satisfied with.
If it takes a year -- so be it. This will be the easiest big return stock in my portfolio....ie it doesn't need constant watching or babying.

Choose other stocks that have more current interest and better volume for the short to mid-term trades.There are many ways to play the stock market, and it helps to know what phase a stock is trading in before buying in.