Tuesday, May 07, 2019 4:08:07 PM
But back to the notes. They just about all, and all the more recent ones, use average CLOSING BID prices for the conversion.... Average,.....,,, CLOSING.. BID .... PRICES ... like there is a price on the bid when the market closes, lol, not the other bid prices from during the day which changed around all day long here and there but actual CLOSING BID PRICES, the price when the market closes, and with the market closed, you have the closing bid price, hence the term closing bid price. Let's do an exercise here, the stock closed at .006 x .0065 with .006 being the bid. Now with some critical thinking, one can deduce .006 to in fact be, the CLOSING BID PRICE!
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