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Posted by beerw1 3 years ago In:

beerw1
beerw1 Asked:

Siriw - Sirius XM radio is trading at .086 this ...

siriw - Sirius XM radio is trading at .086 this morning. Down from .78 cents yesterday. The bid price is .05 and the ask price is .78. People are buying and selling every 2 or 3 days. It will go up to approx. .91 and down in 2 o 3 days to approx. .08 to .25. How are they making money doing this with the bid and ask so far apart? I called my broker and he can't tell me either.

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