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Re: pgh_maulers post# 5440

Tuesday, 01/10/2017 4:00:17 PM

Tuesday, January 10, 2017 4:00:17 PM

Post# of 8027
"I've even seen a 4:1 ratio of bid to ask"

That has happened, but not often. I have been using this disparity as a buying indicator. Simply, since the first of the year whenever the bids exceed the asks by more than a 2 to 1 ratio, I buy another 1000 shares. I believe that has happened every market day. I put the order in at the ask price but it is usually filled at a price that is .02 to .025 below that.

Only time will tell if this is a wise strategy.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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