Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Spyder Cannabis Inc. V.ANC


Primary Symbol: V.SPDR

Spyder Cannabis Inc is a cannabis retailer. The company is engaged in selling electronic cigarettes, cannabis supplies, Ejuice, and accessories for the vape business.


TSXV:SPDR - Post by User

Bullboard Posts
Comment by knobheadon May 07, 2001 4:29pm
229 Views
Post# 3707959

RE: Wacky moves...

RE: Wacky moves...A trade for fewer than 500 shares is an odd-lot trade (when the stock price is under $1.). The seller gets whatever he can, not bound by the bid-ask. The same for a buyer-he might have to pay above the ask to get an odd lot fill. Notice that Yorkton was the broker buying at .44, and also was the broker selling at .55 (the other odd-lot trade today-300 shares). This tells you that Yorkton is the responsible equities specialist (market maker, more or less) for ANGOSS. You can check this out for future trades in lots under 500-all the trades should have Yorkton on one side of the trade or the other. Yorkton will bunch the small lots into full bid lots to match up to bids. Every stock has one broker that handles all the odd lot trades to keep things orderly. As for the brokerage costs, these are often the remains of larger trades, and the small trade is not charged separately from the initial large trade (for example, an order to sell 5,400 shares at $.50 would see 5000 go at .50, and upon completion of this trade, the 400 would go at whatever Yorkton and the selling broker agree on, presumably less than .50, thereby allowing Yorkton to accumulate shares cheaply to make a small profit upon future sale. Mike
Bullboard Posts