Nuinsco Resources (NWI) Message Board

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Gold/Mining/Energy : Nuinsco Resources (NWI)

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To: Private-Eye who wrote (144)	1/22/1999 8:58:00 AM
From: Buckey	Read Replies (1) of 5821

LOL - The MD changes by the second - When a stock gets really hot the pre - open can be quite decieving - Actually the computer sets the bid/ask as the bids pile up on either side - what happens is if there are more market buys than sells it pushes up the price until it finds enough offers to match the volume - so as market orders get placed and changed and taken off it jumps around a lot. I used to think that this was people putting in fake orders to create an illusion but it is just the way the competrized system works. Right now it is 35 minutes before open it 30k on boths ides at 2.15 with only 10 k wanted down to $2.00 heavier on the ask with 2k at 2.20 20k at 2.25 27k at 2.30 4k at 2.36 no other offers on the board. This will change every time you click it in the last 10 minutes before open. Good luck NWI holders - I would never dare predict what can happen except that it should interesting

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