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Microcap & Penny Stocks : VLVT (was CSMA) -- Ignore unavailable to you. Want to Upgrade?


To: Bidder who wrote (3394)12/11/1997 8:20:00 PM
From: Carole  Read Replies (1) | Respond to of 11708
 
and after someone answers that question.. explain to me why I cant answer email to folks with webtv email addresses. I receive them just fine, but all mail I send out eventually (days later) is returned to me as undeliverable.



To: Bidder who wrote (3394)12/11/1997 8:23:00 PM
From: Carole  Respond to of 11708
 
It means the last trade of the day was at .91. 25x25 means the market makers would like to buy and sell shares in blocks of 2500 shares. I t also means that they were willing to pay .92 to anyone willing to sell, but someone sold for less than that... willingly or, put in a market order (tsk tsk) and the MM dipped the price down for a brief moment to grab up the sell order for a bit lower that he was originally willing to pay to start with.

C



To: Bidder who wrote (3394)12/11/1997 8:26:00 PM
From: Jack of All Trades  Read Replies (1) | Respond to of 11708
 
Poor Pete,

25x25 means the size of the BID/ASK is in 2500 share blocks. So if a MM is offering to sell at 0.94 he has to sell 2500 before he can pull off if somebody wants to buy. If nobody is looking to buy they can pull off without harm. If you want to sell and are first in line they must give 0.92 for 2500 of what ever you want to sell. If it's over 2500 shares your looking to sell at market and you didn't place an all or none, a good broker will get you 0.92 for the 2500. If the MM chooses to pull off or down to 0.91 you should get the next 2500 at .91. But with BB's they can see the market order come in and they will drop it prior to accepting your order and screw you.
My RT shows we ended .92X.95 last of .92. Non RT quotes shut off at 4pm and don't show the late posts just the B/A. So it looks at the last minute a MM jumped on the bid of .92 and somebody had a limit at .92 or the MM was short for the day and jumped in front of another to get a market order.

IMHO Please somebody correct me if I'm wrong.

JeffG