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Message: L2

L2

posted on Dec 23, 2008 04:52AM

Here's where we finished up yesterday

# Orders Board Lots Bid Ask Board Lots # Orders
1 10 0.060 0.200 37 1
1 66 0.055 0.290 9 2
1 100 0.050 0.300 20 1
1 50 0.040 0.640 5 1
2 40 0.035 0.650 10 1
22 Dec 2008 20:03 PM ET Real-time quote TSX Venture

That's the weirdest L2 I've seen for this company!

Here's where we are now

# Orders Board Lots Bid Ask Board Lots # Orders
1 10 0.070 0.195 30 1
1 20 0.060 0.200 30 1
2 172 0.055 0.220 30 1
2 202 0.030 0.240 30 1
1 100 0.025 0.250 133 3
23 Dec 2008 9:44 AM ET Real-time quote TSX Venture

The 12,000 at 19c got taken out in two hits just after opening, so the buying is still on the ask. Unfortunately the ask has filled out. Maybe not a bad thing, it's hard to make the leap from 30c to 64c!

Whoever sold at 3c yesterday is probably kicking themselves, and whoever is selling at 19c today will hopefully do the same over the next few trading days. TSX closes early tomorrow and reopens on Monday.

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