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TRANSGAMING INC. V.TNG

"TransGaming Inc is engaged in partnering with Smart TV manufacturers and international pay TV operators to deliver interactive gaming experiences to connected TVs globally."


TSXV:TNG - Post by User

Bullboard Posts
Comment by dpocon Jul 26, 2012 12:17pm
125 Views
Post# 20155009

RE: RE: RE: RE: RE: RE: RE: RE: Market Depth by Pr

RE: RE: RE: RE: RE: RE: RE: RE: Market Depth by Pr

Here's what they're saying at Tradetrek.com, so you're correct:

As previously mentioned, bid/ask prices are always posted with corresponding bid and ask sizes, which serve as measures of the strength and depth of the bid/ask prices. They tell us about the supply/demand pressures on a stock at a given moment. We can summarize important Bid/Ask size concerns as follows:

  • A large bid size indicates a strong demand for the stock.
  • A large ask size shows that there’s a large supply of the stock.
  • If the bid size is significantly larger than the ask size, then the demand for the stock is larger than the supply of the stock; therefore, the stock price is likely to go up.
  • If the ask size is significantly larger than the bid size, then the supply of the stock is larger than the demand for the stock; therefore, the stock price is likely to drop.
Bullboard Posts