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Re: th6565 post# 30831

Thursday, 10/19/2017 10:51:22 AM

Thursday, October 19, 2017 10:51:22 AM

Post# of 198785
When someone without shares is looking to buy shares on the open market, the price goes off at the ask. When someone with shares is looking to sell their shares, the price goes off at the bid.

For the past 2 weeks someone has been propping up the price with large bids, scooping up the shares the seller is... selling. I find this odd because they could scoop up the same 1.35 shares for 1.25 or 1.15 if they wanted to. But they aren't. ? It's almost like the seller will only sell in the 1.30s and we can't move higher until the seller is depleted.

On to your question. On occasion, someone keeps putting in bid's higher than the current price per share causing the pps to go up even though it was still a sell.

This would make sense if there was high volatility and shares were scarce, but this does not seem to be the case. If shares were scare this would be trading much higher on much higher volume.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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