InvestorsHub Logo

carjon

04/01/17 1:08 PM

#12131 RE: Us3rN4m3 #12128

3000 shares of $THCT sold at end of day for more than .40 How about .5406.

What is that 14 cents more than 40... Yep....

Hittin160s

04/01/17 3:19 PM

#12132 RE: Us3rN4m3 #12128

Oh yeah, thanks for the tip. I forgot that if a stock had 99% buys at the ask, and people were bid sitting, that the price would still go up. What happened to the bid sitters? Oh yeah, nothing. They missed out. In a case like this, where the spread is wide, BUT 99% of the buys are at the ask, then the bid means NOTHING. Smart money slapped the ask because they knew the bid would get them nowhere as the price increased.