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buckyboy

08/07/21 10:43 AM

#52631 RE: whizknock #52627

This is a great little article about why stocks have big spreads and how to trade them whenever this situation occurs.

https://www.investopedia.com/ask/answers/042315/what-types-stocks-have-large-difference-between-bid-and-ask-prices.asp



WKSP O/S will lend itself to huge volatility during news events and other types of social media attention. For WKSP the spread became bigger due to volatility. NASD has tools to temper this type of volatility. It happened to WKSP yesterday...5 minute trading halt. The stock went berserk once it hit the low 06s and gapped to 6.76 in like a minute or less.

IMO ride the bumps out and simply hold this issue. Same suggestion for the warrants.

JMHO Consider all my posts pure speculation and bold entertainment. I am definitely a cheerleader here....