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RIFCO Inc. V.RFC

RIFCO Inc is an auto-purchase finance company. Its subsidiaries are engaged in vehicle financing. The company provides non-traditional vehicle financing to motorists through a growing network of select new and used vehicle retailers. Its auto financing is available to both franchise and independent dealers who want to create a partnership. The company has its operation in all provinces in Canada except Quebec.


TSXV:RFC - Post by User

Bullboard Posts
Comment by pharesfon Jun 24, 2011 1:16am
139 Views
Post# 18759504

RE: RE: RE: RE: Re:Pagoda

RE: RE: RE: RE: Re:PagodaCorrect me if I am wrong, but the asking price on Wednesday, June 22nd, 2011 was never below $1.05 so you could not buy a share unless your bid was at least the ask.
You stated:
-
-"you can buy a lot of shares now under $1. Wait another week and you can pick up more even lower."
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I just wanted a correction of your statement. Your assumption is incorrect because people have numerous bids in at
.95 but no one is willing to sell. Although today, the 23rd, some were let go for
.96.
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Curious, do you know how the bid and ask works?
-
Phares
Bullboard Posts