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SNM Global Holdings, Inc. Message Board

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  • babyfaze122 babyfaze122 Oct 3, 2008 11:12 AM Flag

    Who's the frickin' NIMROD

    then how did it hit .003 yesterday? there was 1 trade there?

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    • Now see that the Ask just dropped from the $.006 value to just $.0017... a HUGE drop ! Sadly, we may not see the $.002 value it opened at or higher the rest of the day if the Ask doesn't rise above this current $.0017 value.

      Just another case of shareholders getting screwed is all. Same sh_t... different day...

    • Because at the time of that particular trade the Ask was at $.003

      If you spend much time watching streaming quotes on this as well as other stocks, the Bid/Ask constantly changes. However, since CNMY is a low volitile stock (actually very few trades but larger per-trade vols) once the day actually sees it's first trade, the B/A doesn't change much. It it does occasionally fluctuate such like it has now. The Bid Dropped to $.001 while the Ask is at $.006 Therefore, you "could put in a trade at the $.006 Ask and buy it there but most likely as soon as you get it, the Ask will fall lower like it did yesterday and not reach or close at the $.003 level.

 
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