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Gold/Mining/Energy : International Precious Metals (IPMCF) -- Ignore unavailable to you. Want to Upgrade?


To: Bob Jagow who wrote (29683)1/8/1998 2:49:00 PM
From: Roger Cordell  Respond to of 35569
 
<<.....odd #s such as the current 1.500 Bid, 1.625 Ask, 5x47 argues for the sum. >>

Bob - I believe it is the sum. I have placed limit orders for 500 shares (at the bid) and watched the bid size immediately increase by 5 (500 shares). That would not necessarily happen, but if the were operating in the mode of containing the price, it most likely would.

By the way, the current bid x ask is 1 9/16 x 1 5/8 - bid x ask size is 100 x 47.

Roger



To: Bob Jagow who wrote (29683)1/8/1998 3:26:00 PM
From: Roger Cordell  Read Replies (1) | Respond to of 35569
 
Bob - WITHOUT A DOUBT, it is the sum of all the orders.

I have been placing buy orders at 1 19/32, just to see what would happen. Sure enough, when I placed a buy order for 1,500 shares, it went from a bid size of 5 (500 shares) to 20 (2,000 shares). It went unfilled and I cancelled it. The bid size immediately went down to 5.

I ended up just buying 500 shares at market (1 5/8).

It looks like perhaps this thing is about to spring. What do you think?

Roger