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Re: Srchn41 post# 53759

Thursday, 08/23/2012 8:58:15 PM

Thursday, August 23, 2012 8:58:15 PM

Post# of 74729
Wrong...A bid occurs when there are enough people waiting to pay a price lower than what the lowest priced seller is willing to accept for his/her shares. In the case of no bid, sellers are willing to sell at the very lowest price they can receive and there are not enough buyers to buy them. In other words sellers are almost giving away the shares, and there aren't even enough people willing to pay almost nothing to buy them. Make sense?

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