> > Hmm, I see the TGC stocks trade down at 90. > > This person who put in a low bid at 90 got his 5 shares rather quickly. > > > > I think you mean "sold." I wish I had pounced on one, actually, but I was > too slow.
No, no , I remember jpm mentioned here a few weeks ago that someone had put in a bid for 5 shares at 90, not an offer. And he was wondering if it is an arbitrage technique or what... I answered the question that this is normal in every stock that people put in bids below the current price, in an attempt to snap up shares at cheaper prices. I don't see how you could have pounced on one, as it was a 'bid' for 5 shares. If you want to buy at 90 , you can also put in your own bids at 90.. And that's what I would expect to see if there are people out there who want to buy TGC shares. The number of 'bids' you see is an indication how much demand there is for the stock. The number of offers you see is an indication how much supply there is. Pretty simple. When I looked yesterday there were no reasonable bids at all (only two bids at very low 2 or 4 grams). That is an indication that demand is very weak. Well, we have a bid for 2 shares now :-) And this person who put in a bid for 5 at 90, got filled amazingly quickly, within one week or so. That's not exactly what I want to see with stocks I own... Danny --- You are currently subscribed to e-gold-list as: [EMAIL PROTECTED] To unsubscribe send a blank email to [EMAIL PROTECTED] Use e-gold's Secure Randomized Keyboard (SRK) when accessing your e-gold account(s) via the web and shopping cart interfaces to help thwart keystroke loggers and common viruses.
