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Re: livinginstyle post# 14504

Monday, 05/23/2011 11:06:05 AM

Monday, May 23, 2011 11:06:05 AM

Post# of 75794
Livinginstyle- suggest u take a course in how to buy and sell a stock. Investors try to buy at the LOWEST price they can which is why they sit at bid hoping people will hit those bids and sell at the lowest offer to maximize gains.

Huge bid support is usually a sign that big investors are looking to enter a stock. Hope that helps u. it does NOT suggest that the stock is "being dragged lower".

take care.