Bebida Beverage Company (BBDA)

[GreenHarvest]

Jdub33328, that's absolutely normal. Level II now shows huge quantities of shares offered for selling on the ask side (and less buy requests on the bid side but still huge, right now it's about 8 to 1 sell to buy total order quantity ratio). You should actually ask the opposite, if 2 billion shares are offered for sale on the ask and only 20 million of them were bought, why should your specific shares be among the very little amount that got bought? Chances are a lot of orders were placed in the queue before yours and expected to get sold before your turn comes. A very little probability in your favor here unless you have a way of pushing your order to the front of the queue but again if you can do is then other can and will do it too so back to square one, wait for your turn. The other possibility is when the buy demand is great and a lot of orders are going through which is not the case now. In such cases like now, the sure way to sell is at the bid price to get them absorbed quickly.

Notice: The bid/buy order quantity seems big and the ask/sell order quantity seems huge (about 8x bid now) but actually you should not believe all the quantities you see on Level 2. Sometimes they are shown this way to scare traders to sell or reverse sides to make them willing to buy.