InvestorsHub Logo
Followers 5
Posts 444
Boards Moderated 0
Alias Born 05/01/2013

Re: rokkdatstock post# 31392

Friday, 09/13/2013 1:40:54 AM

Friday, September 13, 2013 1:40:54 AM

Post# of 44232
Each order placed by an account holder to buy a stock is a "buy order".

Each order placed by an account holder to sell a stock is a "sell order".

Neither gets filled unless there is a market maker or another account holder willing to buy or sell at that price.

In general, more buys=higher demand=higher prices and more sells=higher supply=lower prices.

However this is not universal especially when dealing with penny stocks where it is easier for one big buyer or seller to skew the market.

And as to "a few people trying to get in cheap", when there is a consistent gap between the bid and the ask with an occasional seller dropping down to fill the bid; yes, there are people trying to get in "cheap" compared to what the general ask is for the stock.

MDHI is not likely to move significantly in either direction until the 2013 numbers are released but I'm sure there are a lot of people that would jump at the chance to buy right now at .0005 and sell right now at .005. Nobody is selling that low or buying that high. There is no supply at .0005 and no demand a .005