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TranSwitch Corp. Message Board

  • callclairegreen callclairegreen Feb 5, 2013 10:03 AM Flag

    Big Spread

    Low volume is one indication that there aren't many buyers or sellers interested in TranSwitch, but there are others. Look at the spread yesterday from a high of $0.999 to the closing low of $0.87 and that on a day when they announced product sales to Acto. Percentage wise, the bid and ask spreads also tend to be large, often 4-5%. I am sounding like a broken record, but until we hear something concrete in terms of revenues or important contracts, the stock will just be played by those who can and with relatively small amounts of money.

    Ochs

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