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Re: walterc post# 30727

Friday, 11/17/2017 1:28:07 PM

Friday, November 17, 2017 1:28:07 PM

Post# of 112205
Thank you Walter for your efforts and the many ways you support our company!

Sharing a thought that some might object to. One of the way retail investors can support a company they are invested in is to purchase at the ask. Bid sitting for a great purchase price may work for your individual portfolio, but the collective effect is to drive the share price down.

I practice this philosophy for companies I have a large position in. During the past two weeks, I have made purchases three times and always at the ask. In the rare times I have sold some shares here, I try and wait to sell at a time when the bid price is the same as the current share price. Such a sale does not move the price down.

At the end of the day, the stock price reflects the buying and selling prices for the transactions that occur. I am not making accusations toward any members on the board; however, I think we can all agree that we do play a role in the share price appreciation or depreciation if we are trading even a small number of shares. The cumulative effect is something we all contribute to positively or negatively.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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