The spread is so great because the MM’s have all they want and don’t want to deal with the stock. And the price needs to be around a dollar for any one that just went through the thousand to 1 R/S Longs will hold until they can average down or at least recoup there sales fees. This is a bad stock to hold that is for sure, The only way to make money here is to get in at its lowest and get out as soon as you can. This stock is not and never will be a long-term investment. Last week is the first time I have seen an opportunity to sell, ever and unfortunately I was not the one that got in at its lowest. Most of the time this stock does not trade at a volume large enough to make up the sales fee, it is a very low volume stock.
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