Question/Comment for the board concerning SP

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floridays

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Question/Comment for the board concerning SP

posted on Nov 16, 2007 08:16AM

Don't we as buyers influence the SP negatively when we place market orders below ask? I've read post after post of members telling of markets orders in below ask. Last buy I made the price upticked .005 end of day because I paid the ask. .005 x 15,000 shares is only $75. Considering the overall value increase in many members holdings of even .005 per share, I would think more market orders should be placed at ask! I'm frustrated like the rest but I know what I own and .005 won't break me at these bargin prices.