TSXV:CLAS.H - Post by User
Comment by
pattyb77on Apr 11, 2019 6:44pm
85 Views
Post# 29615865
RE:RE:RE:RE:RE:RE:RE:almost 10 million on the bid!
RE:RE:RE:RE:RE:RE:RE:almost 10 million on the bid! alejo.g3ologist wrote: pattyb77 wrote: serendipidy wrote: When the bid is higher than the ask the price will go up, seriously wtf????
When the bid volume is higher than the ask volume, the selling is stronger, and the price is more likely to move down than up. When the ask volume is higher than the bid volume, the buying is stronger, and the price is more likely to move up than down.
This shouldn't really matter if u r long term investor..these are minuscules things to be honest, maybe some ppl should go back to high school economy supply and demand class! The more ppl want in to buy(bid volume higher than ask volume) the stronger sp gets moving up in the long term..if ppl sell (big ask volume) obviously s.p declines in the near term..simple patty ;) if u r a day trader please get that figured out before losing it all ;)
I copy and pasted my last post from a website, im fairly familiar with how it works as I do alot of day trading. I also understand how unimportant it is for long term investors (only use for it is to see outside investor interest, really...) Im long on KALY regardless, Ive kinda stopped looking at this board recently because I rarely look at the SP of KALY anymore.