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Re: ROLL DEM DICE post# 48107

Friday, 08/04/2017 10:09:27 AM

Friday, August 04, 2017 10:09:27 AM

Post# of 107737
You were saying that you'd buy at .0046, which the system interprets as "the best price available, up to .0046." The best price was .0043, so that's what it cost you.

When the transaction is recorded, it's just shown as a transaction for .0043 (i.e. somebody bought and somebody sold). The system determines if it was a "buy" or a "sell" based on whether it was closer to the listed bid or ask price. When the prices pendulum back and forth rapidly like this morning, sometimes the prices move so rapidly that it's not black and white as to whether it was a retail buyer or seller that initiated the transaction. So occasionally a buy gets listed as a sell. I've seen that a couple of times.

By the way...everything above is based on a whole pile of assumptions that I've built up after watching this crazy stock for 9 months. I think it's correct though.

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