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Re: pennyrich post# 152646

Wednesday, 04/29/2020 2:35:34 PM

Wednesday, April 29, 2020 2:35:34 PM

Post# of 186029
Pennyrich, I agree with you, I don't think premarket activity is possible in OTC penny stocks.

What happens is that when the highest bid price before the opening is above the close price of previous day, you see a positive opening, because your shares are valued at the highest bid price before the opening.

On the other hand, when the ask is below the close price of previous day, you see a negative opening, because your shares are valued at the lowest ask price before the opening.

Finally in the majority of the days you don't see positive nor negative effect at opening because the highest bid price is below the previous day close and the lowest ask price is above it.

I wish this helps.

$VRUS strong!!!!