Thursday, October 05, 2017 4:30:07 PM
Suppose you have the l2 screen below where CSTI is the high bigger at .1045 and suppose you place a 5k bid in at .1075 that goes to CDEL. CDEL is under no obligation to post your bid with OTC, depending on the price they will post. At these levels, right around 10 cents, it usually takes a bid of 10k or more for the mm to post your bid to l2. CDEL in this example keeps their bid at .081 and you will only get shares once that bid is hit. In this example you might see .091 be hit and .083 and still you will not get shares, even though you have a bid of .1075.
You have four options in this situation to buy (as I see it):
1: replace the bid and hope it goes to another mm higher on l2(you might see the share count go up on the bid or someone else's bid is not showing and you both combined put the shares over 10k)
2: put in a bid for 10k shares
3: wait for your mm's bid to be hit at the lower price
4: buy off the ask.
Recent VERB News
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM
Avant Technologies to Implement AI-Empowered, Zero Trust Architecture in Its Data Centers • AVAI • Apr 29, 2024 8:00 AM
Bantec Reports an Over 50 Percent Increase in Sales and Profits in Q1 2024 from Q1 2023 • BANT • Apr 25, 2024 10:00 AM
Cannabix's Breath Logix Alcohol Device Delivers Positive Impact to Private Monitoring Agency in Montana, USA • BLO • Apr 25, 2024 8:52 AM
