Liberty Star Uranium & Metals Corp.

Combining Classic Mineral Exploration with State of the Art Technology

Free
Message: Bid/Ask Ratio

Over the last week, I've watched what was looking like an interesing distortion in the bid/ask ratio.  In checking the numbers late last week, it was 5:1.  This morning it's 9:1, and these are upwards of $20,000 offers - not small change.  

In my opinion, these are measured/calculated offers by those who are willing to wait for what they want, and seeing no rush to add for the moment.  My point is, there are plenty of buyers (at the right price), and few sellers.  This situation, in my opinion, offers support, and suggest that the price can explore significanly higher on the slightest positive news.    


Dec 17, 2018 01:38PM

Dec 17, 2018 02:09PM
1
Dec 18, 2018 09:33AM
1
Dec 18, 2018 10:16AM
3
Dec 18, 2018 11:12AM
1
Dec 18, 2018 03:27PM
4
Dec 18, 2018 03:49PM
1
Dec 18, 2018 04:03PM
2
Dec 18, 2018 04:04PM
1
Dec 18, 2018 04:49PM
1
Dec 18, 2018 05:01PM
1
Dec 18, 2018 05:05PM
1
Dec 19, 2018 11:44AM
Share
New Message
Please login to post a reply