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powderkeg

01/08/14 2:04 PM

#6570 RE: wattar1 #6568

The pps is a historical figure. It's the last price a trade was executed at. So someone can dump a hand on the bid, down at .0521. The price then shows .0521. Then the bid/ask can start moving up, as we saw. But as long as no trades are made at the higher bid/ask, the price will continue to show .0521, since that was the last price a trade was executed at. Then someone makes a buy at .064, and that's the new price that shows. Hope that helps?

trade_stocks_daily

01/08/14 3:21 PM

#6580 RE: wattar1 #6568

Think you already got your answer...snapshot of a dynamic system. buy or sell makes last mark then bid/ask moves....voila