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Microcap & Penny Stocks : DRGI (Diversified Resources Group)
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To: InOverMyHead who wrote (460)7/30/1999 1:06:00 PM
From: Eric Fader  Read Replies (2) of 818
 
Trades on OTC-BBs are often reported on the tape several minutes after the bid and/or ask changes in response to that trade. In fast markets it can be as much as 8-10 minutes later. A sell will generally not "cause" the ask to move up (actually it can happen if the low ask hits the bid instead, then moves out of the picture and the ask moves up to the next selling MM).
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