posted on
Oct 20, 2009 10:38AM
Mosaic ImmunoEngineering is a nanotechnology-based immunotherapy company developing therapeutics and vaccines to positively impact the lives of patients and their families.
Message: Re: Chart
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Won't work. Your buy price will be executed at the next available asking price. If, say, the highest bid is .28 and the lowest ask is .29 and your bid comes in at .31. Your transaction will execute at .29 provided there is enough shares being offered at that price. (The bid will raise to .29).
If you're trying to buy more shares than is being offered at the lowest asking price, your order will then fill at the next lowest ask (which may be a bit higher), since you placed the order at .31. Your final transaction may have several executed prices. .29, .295, .30. All depending on the amount of shares available.
Hope that makes sense.
teremoto, Later, I'll try to explain the dynamics of a 'Technical Bounce'. I'm currently in a meeting and am cheating right now. Everyone, thinks I'm paying attention ;-) I'd fire someone like me.
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