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TaxBack04

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TaxBack04

Re: None

Tuesday, 11/09/2010 2:01:21 PM

Tuesday, November 09, 2010 2:01:21 PM

Post# of 57066
At least FEEL has Free L2's...

...and you can see the MM activity. There is another stock I am watching right now that is struggling too and it has a spread that is so large that it is almost 100% the entire value of the stock. And example would be a 0.01 per share stock that has a BID/ASK of 0.005/0.015... Talk about being long trapped. Not only if you are in can you not get out, but even if you are out and are looking for an entry you can't find a way in.

IMO this really scares long investors away. Who wants to buy into a stock that the MM's have shown that they can shut the door on at any time.

People here talk bid support and they are absolutely right, but low volume will kill any bid support, and a giant spread is going to kill volume immediately.
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