User Account

All Pages

Discuss the possible reasons for this wide bid-ask spread

Assignment Help Finance Basics
Reference no: EM132915285

Problem - Your friend just told you about a penny stock that 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.

Reference no: EM132915285

Questions Cloud

Analysis to identify profiles of elder abuse perpetrators : Analysis to Identify Profiles of Elder Abuse Perpetrators" by Margurite DeLiema, Jeanine Yonashiro-Cho, Zach D. Gassoumis, Yongie Yon, and Ken J. Conrad
Explain the strategy of high frequency trading firms : Explain the strategy of high frequency trading firms. Describe the typical time horizon of an investment that is relevant to high frequency traders
What is the growth rate of cash flows : What is the growth rate of cash flows? You have been named the recipient of a trust fund as part of an inheritance your wealthy Grandfather left you.
What are dark pools : Question - What are dark pools? How can they help investors accumulate shares without other investors knowing about the trades
Discuss the possible reasons for this wide bid-ask spread : 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
Determine each partner adjusted basis in quick and reddy : Joe Quick and Jane Reddy are equal partners. Determine each partner's adjusted basis in Quick and Reddy at the end of the taxable year.
What is the potential risk involved in this strategy : What can Carson do to counter major short positions taken by institutional investors. What is the potential risk involved in this strategy
Explain how xbrl works : Explain how XBRL works and how it makes business reporting more efficient. XBRL (extensible Business Reporting Language) and is based on the XML language
Determine dividends per share for preferred for each year : Dividends Per Share Windborn Company has 10,000 shares of cumulative preferred. Determine the dividends per share for preferred and common stock for each year.

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd