Re: Well Well if you knock long enough!
in response to
by
posted on
Aug 21, 2010 09:32AM
Paramagnetic Beads and QL Analyser are Proprietary Products
Doc,
The "more" sane posters are welcome but the "less" sane can just stay away as far as I'm concerned. Unfortunately, few over there fall into the "more sane" category. Raging Bull has been little more than a snake pit for years. Some just left out of frustration with the venom. I particularly miss Jeff. He was skeptical on the stock and sold all his shares a little higher than I did when he came to doubt the JAGH moass fantasy story. I would be interested in his thoughts on the current developments but he very rarely posts. He, too, was attacked endlessly by the hateful longs over there just because he had the nerve to suggest the stock might go down instead of to the moon.
Back to topics of substance, your idea of placing a sell order for some shares at $2 might be worth trying to see if it might narrow that absurd bid/ask spread. Two thoughts come to mind.
1. It should probably be at least 500 or 1000 shares so whoever is determining the spread can't claim the order size is too small to display.
2. It definitely cannot have an all or none restriction since that specifically keeps it off the published spread according to my trading desk at Fidelity.
If you do get filled at $2 that still would be a very nice return on your 20 cent shares. A proverbial 10 bagger!
Jag-This