Upon further investigation you notice that the ask price, Financial Management

+44 141 628 6080
[email protected]

Upon further investigation you notice that the ask price

Bid-Ask Spread of Penny Stocks :

Your friend just told you about a penny stock he purchased, which increased in price from $0.10 to $0.50 per share. You start investigating penny stocks and, after conducting a large amount of research, you find a stock with a quoted price of $0.05. Upon further investigation, you notice that the ask price for the stock is $0.08 and that the bid price is $0.01.

Discuss the possible reasons for this wide bid-ask spread.

View Complete Question

Request for Solution File

Ask an Expert for Answer!!

Financial Management: Upon further investigation you notice that the ask price

Reference No:- TGS01624594

Expected delivery within 24 Hours

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Asked Questions

What is the difference between direct and indirect democracy

What is the difference between direct and indirect democracy? Think about the last time you voted in a government election (in any country, at any level)

Discuss legal provision for paid menstrual leave in japan

Question: How to respond to this There's a legal provision for paid menstrual leave in Japan, South Korea, Indonesia, and a few other countries.

Provide thorough and efficient system of public education

The topic of increasing the local tax efforts on school district residents to support the schools has been discussed for years,

What reforms was not performed by director james lee witt

Problem: Select all that apply. Which of the following reforms was not performed by Director James Lee Witt?

Need for a change in the legal environment

To which government branch would it be most effective to turn for addressing the need for a change in the legal environment?

What when talking about al qaeda and hezbollah

When talking about Al Qaeda and Hezbollah, we are talking about a group that conducts operation in different parts of the word to push

Types of government from highest to lowest levels of citizen

Question: Order the following types of government from highest to lowest levels of citizen influence. Question options

Request for Solution File

Ask an Expert for Answer!!

Financial Management: Upon further investigation you notice that the ask price

Reference No:- TGS01624594

Have a Question? (oR Write a Review)

Recent Questions Asked Financial Management

Q : How can job analysis make staffing more strategic if

Q : Market efficiency - consequently the consulting firm

Q : Prepare a research paper on rfid technology in automobiles

Q : Deriving a stocks beta - if the risk-free rate is 5

Q : Upon further investigation you notice that the ask price

Q : Write 1-2 paragraphs explaining why the fishermans position

Q : Stock exchange transaction costs - explain how foreign

Q : Sec enforcement - explain how the securities and exchange

Q : Complete a 2-3 page paper with an abstract and conclusion