Monday, September 29, 2008 9:33:42 PM
You will see that there are 5 MM's buying and selling EXBX.
HILL is at the top with a bid of .18 and an ask of .19.
On the bottom you have DOMS with a bid of .14 and an ask of .25.
During the day...as a stock is bought and sold (we really don't have enough volume for it to change much)....you can watch the MM's disappear as the stock goes up or down. Naturally we want HILL to sell all the shares they have at .19 and work our way down to DOMS....which is selling at .25.
So....according to todays L2 chart....you should be able to buy shares of EXBX for .19...what the lowest price the MM is asking.
However,..the chart says they have 5000 shares at this price....on the OTCBB you really can't go by how many shares it says they have at this price. It could be 5000 it could be 500,000.
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