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Re: None

Friday, 10/28/2005 11:15:37 AM

Friday, October 28, 2005 11:15:37 AM

Post# of 311057
Did the MM take a vacation today or what? Have any trades gone through today yet? Pinksheets.com is showing zero volume. Must be due to the large spread. I am still a novice at this stuff, but aren't the bid and ask pretty much determined by investor orders? I know I have a bid in to pick up some more at $0.0035 if it hit that, so if I am the only one out there with an order in then wouldn't I set the bid at $0.0035. And the longs with enough stock to sit on probably want at least $0.006 before they will even consider parting with any, so wouldn't they set the bid at $0.006? To me it seems like a wide spread like this indicates that we have completed our decent and perhaps we will begin the reversal shortly. I think it will all be based on how impatient investors with money are right now. If they don't want to wait and risk not getting any shares then they will walk their bid up to meet the ask. I just don't see any longs walking the ask down to the bid since there would be little to no profit taking at this level. I think we just need patience here.