Pink Sheet Reporting Anomaly?
posted on
Mar 19, 2009 07:10AM
(PRESS PROFILE TAB FOR FACT SHEET & UPDATES)
I raised this issue within the past two weeks, but there was no interest...one last try as I have had another example that I do not understand.
I am U.S. based and to acquire Tyhee, I buy over the counter, TYHJF. Today on one of my two trading platforms I placed a bid of 0.13 cents for 5000 shares TYHJF. Early during trading my trade executed 5000 at 0.128. Shortly afterward I switched to my other trading platform where I was checking activity. It showed to me and all other traders using that platform, that 5000 shares TYHJF had traded so far today (presumably my trade) with a last price of 0.1224.
I've had this happen before, I offer 0.13, I execute at 0.126, the platform says 0.125. I believe the first time I posted this issue, there was even a larger spread between what I paid and what was reported out to potential buyers and sellers.
Am I missing something? Does this strike anyone else as odd? Obviously the quote of a last price affects bids and asks. In the examples I've experienced, the confirmed, executed price to me was always higher than was reported out "publicly" as the last price. Any thoughts...am I just not understanding something?
Cinderella Man