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Replies to #42 on Alkane Inc (ALKN)
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hockeypond

08/21/03 2:02 PM

#43 RE: LOL #42

"cautionupahead".... It does have a bid/ask NSDM is a pink sheet stock, therefore, your stock broker has to call down to the floor or to the marketmakers to get the bid/ask. Usually a larger spread between bid/ask then a typical OTC, however, I have not had any problems. If the price is .08 and I want to buy I will put in a buy order at .01 or .02 above the published price and it usually fills but it depends on how active the stock is and if the mm's see upward movement it may not fill and you may have to raise it. I tried buying this morning at .055 and .058 and it never got filled the mm's saw the buying coming in and did not take it. Test it with a small number of shares and you will get an idea how the stock is playing.