InvestorsHub Logo
Followers 21
Posts 12423
Boards Moderated 3
Alias Born 07/06/2003

Re: A deleted message

Thursday, 07/24/2014 8:02:52 PM

Thursday, July 24, 2014 8:02:52 PM

Post# of 45771
The ask price is arbitrary and up to the whim of the MM. They can raise it or lower it usually based on demand. But demand is driven by the VOLUME...which is low.

Whether they can get the ask is up to any buyers.. if they put in a market buy, they will usually get to pay the quoted price.

with such a small volume, no trends can be expected to be established.

CDEX has not published any news that would excite buying anyway.

Off to the right are other reminders that should be read and understood by posters. This pops up when you start to write a post.

Ole Crowe

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.