Replies to post #14203 on Smoky Market Foods, Inc. (fka SMKY)

[Bucks4Buckeyes]

Just taking a peek today, nice movement - I want the bid to keep creeping up as well as the ask, for the sake of stability.

PIANO, I haven't even looked at L2, but I would imagine the seller sold at those points on the way up and then dumped the rest of what he had for what he could get out of it.

Just a pure guess out of what normally happens. Since the other positions were sold on the way up, it didn't matter the last bit that was lower because it averages out well.

Who knows.

All The Best

[iheartweimers]

It seems you don't know how trades take place very well
yet. The number of bid offers at the higher prices were
for only 5000 shares. The person with 30,000 shares to
sell may well have put in an AON (all or nothing) order so
he/she could get rid of all of their shares at the same price.
This is important if one has acquired these shares by
averaging down at different times, different declining prices.
Unless you specify otherwise, your broker accounts for trades
on a first in, first out basis. So if your average is .05 but the
first 5000 shares you bought last year cost .15, even if you
sold 5000 today at .10, you sold at a loss. So you want to
sell all together, avoid extra commissions when selling in
pieces.