Serious question: if or when this gets to the .001-.009 range, is the bid-ask spread still going to be .0001? Because now the bid/ask is .0005/.0006. So if we are trading at .002, will the bid/ask be .0019/.002? Y’all see where I’m getting at? Because if the spread is still .0001 this will take forever to go up. Thanks!!
Trading 101
The BID is the maximum price that a buyer is willing to pay for a share of stock.
The ASK is the minimum price that a seller is willing to take for that same security.
Serious question: if or when this gets to the .001-.009 range, is the bid-ask spread still going to be .0001? Because now the bid/ask is .0005/.0006. So if we are trading at .002, will the bid/ask be .0019/.002? Y’all see where I’m getting at? Because if the spread is still .0001 this will take forever to go up. Thanks!!
has anyone had a chance to answer this “serious” question for G Ford? He wants to know how spread works. :-D