InvestorsHub Logo
icon url

satelliteguy

06/29/09 11:54 PM

#2110 RE: nomonet #2099

Right. My point is that even if the trade was at the ask, which does indicate that a buyer was anxious enough to pay the extra fraction of a penny rather than wait for someone to hit his bid, there was still a real live seller on the offer who didn't want that $75,000 worth of shares anymore.

I bought a couple hundred thousand shares of this thing today and it's going higher, IMO, but whoever sold 'em to me didn't agree. Although my trade was through a market maker (NITE, to be specific), market makers don't maintain "inventory" so there was a human being at the other end of the trade selling to me.