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S&P 500
5,460.48
(
-0.41%
)
US TECH 100
19,181.60
(
-0.43%
)
Dow Jones
39,118.86
(
-0.12%
)
Brent Oil
84.85
(
0.00%
)
Bitcoin
60,630.68
(
0.53%
)
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RookieInvestor1

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RookieInvestor1

Re: cjstocksup post# 3228

Monday, 07/30/2012 4:06:47 PM

Monday, July 30, 2012 4:06:47 PM

Post# of 68548
Notice that even though the posted PPS is dropping right now, that it is only from the BIDs being reduced towards days end. Nobody is selling for less so all these low bids are going to need to be raised tomorrow if the bidders want to grab any shares.

Look at the L2 stack of ASK orders. It is really thin all the way up to .03. Very few people want to let go of shares even with the 88% gains today.
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