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First Star Resources Inc V.FS



TSXV:FS - Post by User

Post by Chipshot2on Feb 29, 2012 9:42am
278 Views
Post# 19603506

Question

Question

I have noticed for some time now some, what I would call, abnormal activity on the bid and ask of First Star. It seems that 5 minutes after the market opens we see 13000 share blocks entered on the first 2 levels of bids and asks on both the TSE and the ATS. Interestingly today we have a bid of $.025 and an ask of $.035 yet no bids or asks get entered at $.03. What is the role of these additional 13000 share entries? Why not enter a bid or ask of $.03?

 

Just wondering.

Chipshot2

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