> >That in itself is not such a problem, but one would expect to see > >more bids coming in at 90 if there is any demand out there. > > (You mean "supply out there". Bids are demand, and offers are supply.)
Seems like you have it upside down. Yes, bids are demand. That's why I would expect to see more bids coming in if there is any demand out there. The "supply out there" is reflected in the offers. No shortage on that side, as far as I saw yesterday. > >Why pay 100 if somebody succesfully bought at 90 by putting in a low > >bid? Those who are looking to buy TGC shares have nothing to loose > >by putting in bids at 95, 90 , even 85. > > An outstanding idea, Danny! I'm putting in a bid for 2 at 97 immediately! > > Perhaps that will tempt some sales... Why do you bid 97? The other person got them at 90 pretty easily... But this is indeed the kind of activity one would want to see in a healthy market. Those who are interested to buy TGC shares, what are they waiting for to put in their bids at low prices? That's what I am doing in the stock market all the time, put in low bids and then hope somebody sells his shares to me at that price. This person bidding 90 got away with it. Now he could offer his shares at 99 and make a 10% profit as soon as they are taken up. That's what I call doing business. > >Where are they? Has demand completely dried up already? > > Perhaps you don't understand how "bids" and "offers" work - it can be > confusing in thin markets. It looks like every single time there's > been an offer under 100, it has been, as you say above, snapped up. Yes, but here we got the opposite case. Somebody put in a bid below 100 and got the shares dropped in his lap pretty quickly. All bids being filled is very different from all offers being snapped up... > >I also don't see how you can ever have anything like "a reasonably active > >market" with only 400 shares trading. > > Since you've been wrong with every prediction so far, that doesn't > seem to be much of a problem! :) I wouldn't know what predictions I have done, so how they could be wrong is a mystery for me. I have always been interested in stock markets, so I am interested what happens with this 'experiment'. All I have done so far is point out what I see lacking in this stock issue. Just like now I point out that there seems to be no demand for TGC shares, as there are no reasonable bids to be seen. Apparently you agree and have filled the gap already by bidding for 2. It's something that every daytrader could have explained: don't buy a stock that is poorly bid. Once the stock shows a lot of bids and fewer offers, that's when it will look good to buy. Danny --- You are currently subscribed to e-gold-list as: [EMAIL PROTECTED] To unsubscribe send a blank email to [EMAIL PROTECTED] Use e-gold's Secure Randomized Keyboard (SRK) when accessing your e-gold account(s) via the web and shopping cart interfaces to help thwart keystroke loggers and common viruses.
