Re: Could get interesting pps action today...
in response to
by
posted on
Aug 27, 2008 02:05PM
Well, I guess it wasn't that interesting.... other than seeing ARCA appear pre-market on the bid but no ask (no shares offered).
Here's a recap of today's trades:
started out within forst 3 seconds... bid was .081 where a whopping 320 shares were traded. Bid immediately raised to .085.
Throughout the day, 52,568 traded (sold) at the bid of .085. This took 13 trades sells to acquire this many shares at .085.
an additional 20,000 were sold at .087, and when the bid was .088, 10,000 more shares became available for sale. Each of these 'price points' had 2 trades each to acquire the reported amount of shares.
There was one trade at .0875 for 10,000 shares. (reported as a intramarket trade)
Finally, there was one trade at .086 totalling 10,000 shares and two trades at .090 totalling 16,000 shares. These two 'price points' were traded at the 'ask' when posted.
This should add up to 118,888 shares reported traded today.
BTW, 9 of the 13 trades at the .085 bid were 1,000 shares or less.