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Re: Redeyedrooster post# 20126

Friday, 09/23/2016 11:53:41 PM

Friday, September 23, 2016 11:53:41 PM

Post# of 114061
There can be ten billion shares, if only one person is buying or selling then they set the price of their trade, to a certain extent. At some point a market maker computer might step in and buy the shares going cheaply or sell the shares going for a high price.

My logic would apply to your $1 bid, but you need to realize that if you bid $1 it will go to the lowest priced offering. It would occur only if there were no shares for sale below $1. Today someone sold and it went to the lowest bidder, 5% lower. This is how market pricing works.

Generally speaking, the lower the share count, the easier it is for small trades to move prices higher and lower.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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