SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : MegaWorld Inc. (MEGW)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: beat the market who wrote (94)2/4/1998 9:24:00 AM
From: DutchDT  Read Replies (1) of 1058
 
The Asked price...

I noticed that the Ask hasn't dropped below 1 the past couple of days. Can we conclude a positive sign from this? The Bid has gone below 1, but has rebounded.

The big close down yesterday seemed to have come from the last trade going in at the Bid, and since the Bid/Asked spread seems so wide (25%), the Last price dropped accordingly.

Also, with the Bid so much lower than the Ask, doesn't this normally imply that the MMs are very reluctant sell their shares (for whatever their reason might be)? A Bullish sign perhaps? Opinions? Experience?

But then again, today IS another day...
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News