I gotta get a little better at this trading thing - I'm sure I'm gonna lose sometimes, but you have to take chances, just not make a habit out of loosing. I got some shares of CHNW I tried to sell today. I could tell by the L2 that it was pretty deep around the bid/ask and it would probably bounce between 10 and 12 all day. I tried to sell @ 12, knowing I could probably get back in @ 10 or 11 @ the worst. A couple times it went to 12, but my shares never left the cue - they were only really really small buys - 75k shares or something - like 75$ or something. It would have been a nice flip, but it didn't happen. HOWEVER, it showed me something that I'd missed up until now. So often the "price" is decieving. Someone can sell 10 million shares for 11 and someone else can come in and buy 75 thousand shares for 12 and the price goes up to 12, but it's probably not an accurate reflection of what the market really represents. This up coming jump with CHNW It might jump to 5 cents or something, but how many shares actually exchange hands @ that level. Everyone looks @ the high for the day and says, "man, if I had only sold my 25 million shares @ 5 cents, I'd be rolling in it, but probably it was in the thousands of shares that actually made it up to 5 cents, probably most were bought and sold that day, @ much less a price.
It made me want to research the jump that RGNO did a little while back when it went from .02 to .27. Is there anyway we can get ahold of the daily trade activity detail to see every share that changed hands @ what time and price. I'd be interested to chart for my own records and see the "bell-curve" and where most shares were bought and sold. If I looked @ enough of these runs I could estimate where would be the ideal place to unload 1 million or 5 million shares, because if everyone is waiting until the top, there is probably some demand, but not enough and then everyone will try to unload on the other side and maybe my order get's filled and maybe it doesn't - but that's not really my concern, it's more scientific to see where the bulk of the shares get purchased and what kind of money really comes off the table. Does all that make sense - where could I find the trade detail for Feb 15th when RGNO made that run...? I'd like to look @ every trade - a lot of times I've seen people post it @ the end of the day, especially when it makes a dip or a spike @ the end - they'll copy and paste in the detail - showing how it drop in the last 2 minutes or whatever. Anyway - any help would be much appreciated.
Remember the Widows and Orphans.
AI
