RE: Share Price15 Jul 2020 00:44
Two countries separated by a common language? Intent / context misconstrued? Perhaps.
I stand corrected, and shall not take it personally.
Actually, I almost pulled my reply to the post after I read dagsteeth's post a second time. Then I went to ADVFN to see if I could get better context. I hadn't been on that site for about a decade, give or take. Rather amusing.
I guess I didn't like being accused of being 'a retail investor compounding a problem'...a problem which I did not create, and over which I have zero control. All I wanted to do is take a larger position in TRMR, after doing a fair bit of DD, and I liked what I saw. I am forced to buy the stock the way I buy it because I live in the USA. Surely I'd rather go to the open market, not to auction, where I would be given the opportunity for a better price than I usually get at auction.
Funny, but on several occasions I'd bid, say, 152 pence, but the auction would close with my obtaining the stock at a lower price, say 150 pence. A real head scratcher. I can see what I am offering on my board, I can see what the ask is, and how many shares are on both the bid and ask side. Then, after auction, I can occasionally execute at a lower price than my bid. Go figure.
Eagle gave me a chuckle, before I saw he told me he was kidding.
Scorpioin: I cannot manipulate the price at auction at all. I've learned how to fill my order, but it's usually at the mercy of the ask side. They go to auction with a set number of shares at a set price. I do the same on the buy side. If I see there's x number of shares available, and , including my bid for x number of shares., I will be pretty confident that I'll get my shares, and the worst price I'll pay is what I am willing to pay...which is most often the case. I don't know if I am making sense, but I know what I am trying to say.
Jinky, you have me nailed. You can't teach an old dog new tricks, and I am getting older and more set in my ways each and every day. Sitting down and shutting up are not part of my MO; not gonna happen.