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dam

05/22/09 11:11 AM

#90507 RE: san_terre #90503

Probably same reason EVPH sometimes has a wide spread -- accumulation. everybody that really wants to buy is hitting the ask.. and there are just bid sitters out there in la-la land.

Could mean good things, but who knows. I haven't done any DD on ICRD. In the case of EVPH, Chart likes it plus it seems to have a viable business plan in the right market.

Manti

05/22/09 12:03 PM

#90527 RE: san_terre #90503

The wide spread is usually a result of low volume. The mm's don't want to take a chance of being caught with shares they can't unload or make a profit on. Sometimes you can get an order filled in the spread if you're patient.