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Re: mndieck post# 103845

Friday, 07/22/2011 11:25:10 AM

Friday, July 22, 2011 11:25:10 AM

Post# of 165855
Because there a varying sizes of sellers (ASK), You need Level 2 quotes to see them. Even with L2 the actual size does not show up sometimes (although this is getting better then it used to be). Then only the lowest ask per broker shows up, so there may be more hidden behind current ASKs on each broker. Right now this it what it looks like:

100k x .0459
20k x .046
12.6k x .0462
105k x .047
400k x .05


If there are no hidden sellers, we are ~250k from .05 (probably more like .75 - 1 million to .05).