Replies to post #30831 on Lightwave Logic Inc (LWLG)

[th6565]

Are there any benefits that OTC computers do not record Buys precisesly???
Why the softwares written that way?? Any one or group benefit it?

The two gentlemen frequent this Board with a lot of "warning messgaes" could you help me out my puzzles?

[Fullbirt22]

When someone without shares is looking to buy shares on the open market, the price goes off at the ask. When someone with shares is looking to sell their shares, the price goes off at the bid.

For the past 2 weeks someone has been propping up the price with large bids, scooping up the shares the seller is... selling. I find this odd because they could scoop up the same 1.35 shares for 1.25 or 1.15 if they wanted to. But they aren't. ? It's almost like the seller will only sell in the 1.30s and we can't move higher until the seller is depleted.

On to your question. On occasion, someone keeps putting in bid's higher than the current price per share causing the pps to go up even though it was still a sell.

This would make sense if there was high volatility and shares were scarce, but this does not seem to be the case. If shares were scare this would be trading much higher on much higher volume.

[Scope08]

Th6565...this may not be correct but my take is that if a buyer really wants in, he will bid the ask price...it is a buy. If a seller really wants out and offers to sell at the bid, it's a sell.

So a buy bid at the ask....a buy.
A sell offer at the bid...a sell.

Probably a matter of timing as well. If a sell offer is present and a buyer enters and bids the ask....a buy.

If a buy bid is present at a price lower than the current ask, and a seller meets it...a sell.

GP=Ephialtes of Trachis