Comment by
wallyman on Dec 03, 2020 5:36pm
Looking at the chart pjecan posted--Can somebody please explain to me how a 5 share trade can send a stock down a penny? I know being able to trade commission free has led to a lot of this happening but do not understand how such a small trade can do that to the price in either direction.
Comment by
fdfd12 on Dec 03, 2020 7:39pm
Odd lots (less than 100 shares) do NOT move the price. You can have a bid of $3.70 and an ask at $3.75 with the last price at $3.75. 10 shares market will NOT move the stocks price from $3.75 to $3.70. The price will remain at $3.75.