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skiytreem9u

06/16/08 3:14 PM

#109357 RE: 727 #109356

I've had the unfortunate opportunity to own penny stocks that RS'ed before. The trading is usually very slow right after the split--usually with unrealistic spreads. Then, over time, the ASK & BID slowly come to meet each other -- usually closer to the opening BID than at the opening ASK.

BCIT, however, is unique in and of itself. It probably won't, but I HOPE, operative word HOPE (that's all I can do here right now), that the spread won't be like the spreads of 99% of other penny stocks that RS.


Everthing I state is my own opinion (IMO). Do not make any trading decisions based on anything I state.