Replies to post #3050 on Act Teleconferencing Inc (fka ACTT)

[1manband]

It wasn't up at all. It previously traded a few hundred shares on the bid, and today it trades some shares on the offer. No change, really.

The MM's have a massive spread on the stock (100%) because they also know the common stock is worthless. The massive preferred debt (which continues to grow at 44% each year - forever) makes the common stock worth nothing.