bid 1.20/ask 1.18 .. what is going on?
Could be an all or nothing bid , buyer wants a 1000 shares and sellers trying to dump 500
One sees these inverted spreads on pink sheet stocks sometimes, even in a fast market, as we're seeing today. However, it's also possible that shorts are trying to pain the tape, creating a perception of a weaker bid.
I got me a few below $1,20....I am adding to my strategic holding. Hangin in here...patience!!
I added more @ 1.14 this morning
yup got some @ 1.13 .. GLTU