Replies to post #20710 on Eco-Tek Group Inc (ETEK)

[MadBrewer]

Simple is; no one interested in it ie;
1.5m volume in a .007 bid is worth= $10.5k total
that bid @ .007 is $5810= one will spend that
that ask @ .017 is $1360= one will sell that

The one that wants to buy isn't willing to buy @ .017
The one that wants to sell isn't willing to sell @ .007

"And is it a good thing or a bad sign?"
Most cases= BAD= lack of liquidity= lack of demand ie;
I hold a garage sale (ask) & am selling cd's @ the price I paid for them= $10.
You the buyer (bid) say I'll give you a buck $1
buy/sell or walk??

If there were a demand for my cd's,
they either pay my ask or offer (bid) $9.90 or so.
If not, the current of said cd's/stock is what someone is willing to pay for it=(bid)

If the demand= volume was good,
the spread would be a lot closer.

Cheers