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Microcap & Penny Stocks : MDMI - Italian Bakery Extraordinaire! -- Ignore unavailable to you. Want to Upgrade?


To: bigbuk who wrote (1992)3/29/1999 4:16:00 PM
From: amadeus  Read Replies (1) | Respond to of 3584
 
quietly keeps building strength... nice close. more accumulation..

maybe leaving the under .10 range now?
thoughts anyone?



To: bigbuk who wrote (1992)3/29/1999 4:40:00 PM
From: TraderGreg  Respond to of 3584
 
The time of sales are a good tool to review but I believe it is not always possible to tell a buy from a sale, even if the trades are going off at the bid and the ask..

A story: Today I had to leave for a while so, just for the hell of it, I placed a small sell order at 11am, to sell 7000 sh limit .11. At the time, the bidask was .085 x .11. At 12:40, the bid was raised to .09.

That order filled at 13:05 today, while the posted bid/ask was .09 x .11.

What I find most interesting about this is that earlier this year, for weeks, WHEN NO ONE WAS BUYING THIS STOCK, I tried to buy shares below the ask, without success. And yet, today, a sell fills in two hours, at the ASK.

At least for that one brief moment, they must have wanted my shares real bad.

The rest of my shares are being held very tight.

TG