Replies to post #152 on Smart Comm International Ltd.(fka SCMI)

[Mr. Bill]

Yep - there should be a rule that the maximum spread allowed on any stock is 10% - you want to post a bid or ask - you have your related min/max value defined for you

After all, a MMs job is to trade not have a ridiculous spread

[Mr. Bill]

they did this before and then promptly had a 1000 share "sale" at the bid

I suspect in this case they are helping out a broker with a trade

Some guy got an $8.40 sell at the ask for the trade cost

They did that to me with another stock at .0101 for 1K shares

I was a bit shocked but very happy with the trade - the OS is like 156K shares :)