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To: Sam LBI nj who wrote (13178)12/22/1998 12:14:00 PM
From: Zbyte  Read Replies (2) | Respond to of 44908
 
cause were back in the .50's again... And they like you... LOL



To: Sam LBI nj who wrote (13178)12/22/1998 12:16:00 PM
From: MskiHntr  Read Replies (1) | Respond to of 44908
 
Sam, you'll notice on most if not all BBs, when the price is under .50 the standard unit of trading is 5000 shares, over .50 to $1.00 the unit drops to 2500 shares and over $1.00 it becomes 500 shares.
These levels do not mean that the size is only the amount the MM will trade, rather an investor knows that the bid or offer is good for at least that size.
Best, Joe



To: Sam LBI nj who wrote (13178)12/22/1998 12:52:00 PM
From: Andrew H  Read Replies (1) | Respond to of 44908
 
It is good when they drop the ask. Means there is a shortage of shares and that the price is likely to trend higher.


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