Yesterday Jan. 24,at 1:53 pm the bid was .0002 and the asked .0005.
Can someone with good knowledge of this process explain why at 1:53 pm there wasn't any bid of .0003 or .0004. Instead the bid was .0002 versus an ask of .0005.(SEE BELOW FOR THE ACTUAL COPY I MADE).
Also, if/when IDOI reaches a bid of .0001, would it not be logical to buy this stock at that price if you can, based on the assumption that (as has been mentioned on this board)the stock cannot go any lower? You would double you money on its next move upward!!!!
January 24, 2011
IDOI
Last 0.0005
0.0002Bid
0.0005Ask
0.0006High
0.0007Low
Volume 253,316,771Time (ET)
1:53:00 PM