After watching level two for some time now, I'm irritated at the fact that one little trade can take my portfolio down but worse a major loss for our company.
For example...at 12:56 this afternoon, a trade was executed for 100 shares, someone or some institution sold into the bid to lower the price from 1.12 to 1.11 ... ONLY ONE WHOLE CENT.... but, that one cent took our entire company market cap down by almost 2 million dollars. This trade only has a cost of 111 dollars..Maybe I'm naive, but does anybody buy or sell a hundred shares in the retail sector or is it the institutions manipulating the price?
I guess I can't bit_ch to much, as I love it when anyone buys into the ask LOL
CPITW