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Re: morongobill post# 21

Thursday, 04/25/2013 9:30:13 PM

Thursday, April 25, 2013 9:30:13 PM

Post# of 292
Big Drop Ahead . . . could be right. But I don't see what that has to do with the spread between the Toronto ticker and the OTC version. OTC shares did not trade at all today, and are at 0.045 only because toward end of day Wednesday someone spent a whopping $11.25 plus commissions to buy 250 shares, taking it up from the 0.0275 where the one other trade earlier Wednesday of 6,000 shares had taken the price.
The point seems to be that the tickers trade so thinly especially the OTC that one needs to look at a larger timeframe instead of just one day's close.