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Re: fishreplicas1 post# 7994

Thursday, 04/17/2014 10:55:28 AM

Thursday, April 17, 2014 10:55:28 AM

Post# of 27076
Thx Fish, I'm so glad you see what a difference it makes for a stock you want to own by putting in your buy orders at the ask. The more that do it, the faster it will move up and that is what you want to happen when you get in on a stock. Yet many put in bids below the ask to try and coax the share price down. They think they are getting a bargain when in fact they are not, because their low bid that got filled exposes a weakness in the current share price and invites others to put in lower bids too, which results in pushing the share price lower and lower.

BUYING AT THE ASK is the only way to go when you want to own a stock in these lower exchanges. It supports the stock price and tempts the share price higher, not lower with use of low bids.

Cheers!

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