OTCBB/Pink SheetsBTW, for those trying to figure out why the spread on the bid/ask has gotten so wide, it really hasn't.
What has happened is that, in the past 2-3 weeks, many of the major marketmakers (such as NITE) have moved their bids and offers from the OTCBB (as seen from the below wepage):
https://www.quotemedia.com/results.php?qm_page=17608&qm_symbol=SDRG
to the pink sheets, which now enable them to pay lower commissions. This gives the appearance of a wider spread, as the exchange only picks up the OTCBB bids and asks, instead of the underlying "real market" as supplemented by the pink sheets.
Fortunately, the pink sheets can be viewed in real time, per the below link:
https://www.otcmarkets.com/pink/quote/quote.jsp?symbol=sdrg
And as you can see, the market closed with two
.32 bids and one
.3495 ask. In fact, those two
.32 bids were there all day, and barel any shares traded there.
So, yet again, idiots like jimbo ("the bid is
.20) get it wrong, while poor old yoyo gets it right.
yoyo