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Re: stockdiety post# 39622

Monday, 02/08/2010 9:30:09 PM

Monday, February 08, 2010 9:30:09 PM

Post# of 49483
We've had this same discussion a few times before. When a stock trades, someone buys it & someone sells it. If the trade happens at the Bid it's not good. If the trade is at the Ask it is good. Most all of the trades I've seen recently are at the Bid....I call that a sell. That's why we're not going up. There is barely enough interest to keep us from falling. Only because most of us are holding tight. If we slip & several of us want to sell we'll be back in the fours before you can spit. If you want to see it happen ...put in a market sell order for 500,000 shares. There's very little interest at .065 let alone at .08. The reverse is true as well....put in a Market order for a million share & we'll probably reach .10 & then without news we'd be right back here again.


~~~ASW~~~