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Re: None

Tuesday, 10/21/2014 3:23:31 PM

Tuesday, October 21, 2014 3:23:31 PM

Post# of 39309
ASK SLAPPER

Some body slapped the ask at 3:05:38, for 1000 shares — bringing the prior volume total for the day, from 3,004,375 to 3,005,375 .

At 3:05:38 PM .

Symbol
DKSC
Last
0.0015

Change
+0.0004 (+36.36%)
Bid
0.0012
Ask
0.0015
High
0.0015
Low
0.0011
Volume
3,00
5,375
Time (ET)
3:05:38 PM


Ask-slappin', with much fewer than 10,000 shares per transaction -- has been happening somewhat frequently of late.

Smells like a Company Share Price Support Program to me. Seeing as how it's so few shares.

I could not slap it for less than 10K or 25K shares . At lest that way, you are getting just a small bit of value for the buck. Ask slapping for 1000 shares, even at 15, means you are paying an 8 or 9 dollar commission for $1.50 of stock. Basically throwing away money. Or, at least, it's less bad when you slap 10,000 shares.



1,000 shares at $0.0015 plus 7.95 commission - - - TOTAL COST $1.50 plus 7.95 = $9.45 . ..... AVERAGE COST PER SHARE IS $0.00945 ..... ( essentially ONE CENT )


10,000 shares at $0.0015 plus 7.95 commission - - - TOTAL COST $15.00 plus 7.95 = $22.45 . ..... AVERAGE COST PER SHARE IS $0.002245 ..... ( almost ¼¢ )


Until