InvestorsHub Logo
Followers 1
Posts 686
Boards Moderated 0
Alias Born 03/09/2017

Re: gotmilk post# 153

Friday, 03/31/2023 8:03:48 PM

Friday, March 31, 2023 8:03:48 PM

Post# of 158
If I understand your question, you are under the impression that there is a market maker for this stock. I am sure there is not. I had a conversation the other day with a guy from Schwab about thinly traded stocks like this, and basically any transaction is a matching of a buyer and a seller. That sounded fair enough, but then I asked why when I submitted a buy at a price higher than the posted bid I did not see my price become the new bid. He laughed and gave an explanation, which I didn't really understand. I think the bottom line is that nobody is paying attention to stocks like this, and things happen rather haphazardly.