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Re: None

Wednesday, 10/08/2014 1:45:27 PM

Wednesday, October 08, 2014 1:45:27 PM

Post# of 14303
ARCA flashed on the bid for a minute there, and how WORL and INTL have been moving, this typically indicates one thing. We have electronic trading firms, running algorithms for HFT action now; I am guessing to close the chop of the bid and ask spreads. Only problem - they force buys on the ask and sales on the bid for impatient traders, by beating your bid/ask out by .0001 usually. They typically end up encouraging higher amounts of bid whacks than ask slaps, and result in larger naked short positions built, whenever I have seen them become involved significantly. They can typically become more detrimental to a stock without heavy buying pressure and over exaggerate price drops by the forcing bid whacks instead of sales on the ask when people get nervous about their sales orders not being fulfilled. Then there is still the problem of the naked short positions opened by these firms and having to fulfill their orders without losing money. I hope we get a positive catalyst from the company soon.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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