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Re: JustWait post# 4757

Wednesday, 04/13/2011 11:09:00 AM

Wednesday, April 13, 2011 11:09:00 AM

Post# of 19899
the bid price is the price MM's are trying to buy stock, and its the price that you are selling at. The ask is the price the mm's are trying to sell for, and the price you pay to buy. The price depends on how many mm's are stacked on the bid price or the ask price. You want to see less MMs stacked on the ask side becasue as investors buy shares they hit the ask and the MM's get knocked off and the Ask price goes up. It also depends how many shares they have to sell. For instance, ETMM was the only one at the Ask this morning for a few hours, TADF had over 3 million shares hit the ask, yet they stock did not go higher, ETMM had a lot of shares, we couldnt knock em down to get the next MM which had an ask price of .0023.

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