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 : Corporate Vision (CVIA) -- Ignore unavailable to you. Want to Upgrade?


To: J.R. who wrote (396)11/14/1997 10:59:00 AM
From: Milk  Read Replies (1) | Respond to of 6654
 
My quote shows
Bid Size 5,000 Ask Size 5,000 . Looks like it doesn't reflect the exact size of pending Buy/Sell orders but rather the ratio. What do you guys think?



To: J.R. who wrote (396)11/14/1997 11:25:00 AM
From: Brad  Read Replies (3) | Respond to of 6654
 
J.R.,
"Size" numbers represent the number of "blocks" available to be bought or sold at the current price quoted.

A "block" is usually 100 shares. So 50 x 50 indicates that there are 5000 shares available at the Bid and 5000 shares available at the ask. The sizes often change throughtout the day depending on how many are available at each price.

If you see 200 x 50 (for example), it indicates that the MMs want some shares.

If you see 50 x 200 (example), it indicates the MMs have plenty to sell and they are not looking to buy very many at that point.

But remember, these numbers can change very quickly as orders come in to buy or sell.

Also keep in mind that the MMs might Buy or Sell MORE shares at this price, but this is the amount they are willing to COMMIT to Buying or Selling.

Hope this helps.

Best wishes,
Brad