InvestorsHub Logo
Followers 112
Posts 9991
Boards Moderated 1
Alias Born 10/25/2012

Re: Noghawbuck post# 342782

Tuesday, 04/25/2023 12:39:03 AM

Tuesday, April 25, 2023 12:39:03 AM

Post# of 346530
Actually, the buyer did go up 1/10 of a penny and bought out all the $.012 earlier in the day, then sat on $.011. Could they have gone up 1/10 again? Sure, if there was a seller.  There were only 30K shares at $.012, where you say the buyer should have stepped up to. So they would buy 30K shares, then become the bid again, at $.012, and the question asked would then be why doesn't he go up 1/10 of a penny to $.013, where there was only 33K more shares available. So now the buyer would own only 66K shares of the 500K he actually wanted, and still be sitting on the bid, but at $.013 instead. And again the question would be asked why he doesn't go up to $.014 and take out more. Now you are talking almost 30% higher than his current bid of $.011.

Tell you what, if you put 500K shares at that "higher" price of $.012 that you said he should buy at, he'll gladly take them. He just won't take 30K shares. Or you could sell 500K to him at $.011, and take 1/10 of a penny less. Either way, if you want him to go up, give him a reason to.

Hope that answers your question. You want him to step up 1/10 of a penny, from $.011 to $.012? Great, put some shares there tomorrow and he will. smile

$FUNN