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Re: Bale out post# 5934

Sunday, 12/14/2014 6:51:21 PM

Sunday, December 14, 2014 6:51:21 PM

Post# of 20041
Bale out...You know NOT of what you speak. The "actual price of the shares" is between the bid and the asked, and sometimes is the bid or the asking quote. What do you think the "actual price of the shares" is???? How do you think the quoted price is determined?????

In times past I purchased shares of SMME and upon viewing the transaction on this site it showed up as a "SALE"...yes a sale, not the purchase I made.

My point: if a person sells stock and it comes out of the market-makers inventory it may be reflected differently than if the transaction comes from a buyer/seller transaction. If a seller wants a quick sale and does so at the bid quote it will be shown at that price...regardless of what the asking quote is. THAT is pennyland.....

But really, do tell me how you define "actual price of the shares"....I'm interested in how you think the stated price is determined.....
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