Quote:
Originally Posted by SMHarman
No it is not. This is a small cap, thinly traded stock with high volitility. When you buy or sell you are likely to be doing it through a market maker that needs to hold inventory to be able to make that market. Market makers don't like holding inventory that costs them money, a cost to carry and a cost or risk of price falling to less than you paid. To mitigate this latter risk the spread, the difference between buying and selling prices widens.
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Sounds like you might know a bit more about this stocky sharey thingy than most of us.
What's you take on todays events?
Given it is thinly traded, it does not take much to drive the price up. But, there is not much point in doing so if it's just going to come back down again, you just loose your money.
Someone decided that today, the shares would rise and there must be a reason. Any ideas?