General S-REITs Discussion Thread

hwckhs

hwckhs

Senior Member
Joined
Apr 13, 2012
Messages
1,189
Reaction score
1,351
starbugs said:
If an order's bid is higher than $2.7 and ask is lower than $2.7, these are all already consolidated within the $2.7 quantities (i.e. 59,800 and 417,900).

In your example, if no more orders come in, 59,800 shares will be be matched at $2.7.
Click to expand...

Good to know. Thanks!
 
Dividends Warrior

Dividends Warrior

Arch-Supremacy Member
Joined
Nov 7, 2010
Messages
24,994
Reaction score
2,997
Recovering....
Diamond Hands, guys! ;)

Diamond%2BHands.jpg
 
A

Andrew833

Arch-Supremacy Member
Joined
Apr 7, 2017
Messages
17,521
Reaction score
6,090
hwckhs said:
Thanks for your response. The auction price was $2.70 when lunch break ended.

My understanding is that during auction, if Bid = Ask, $2.70 in our example, then that will be the auction price. Otherwise, there will be no auction price as the prices do not match.

Previously, I (incorrectly) thought that the auction is done blind-folded. However, since market depth is still updated during auction, everyone can already estimate if there will be a price match and what price it will be...
Click to expand...
Market close at 5pm, there is still changes in the market depth but nothing to do with us. Same as market pre-opening, we can only set order but only after market open then it's will execute the order. Actually this part is easier to understand.
Take note: market depth and be fake, order can cancel any time.
 
hwckhs

hwckhs

Senior Member
Joined
Apr 13, 2012
Messages
1,189
Reaction score
1,351
Andrew833 said:
Take note: market depth and be fake, order can cancel any time.
Click to expand...

Agreed. I think only the top of the order book, ie. highest bid and lowest ask (or maybe only the first few orders at those prices) can be believed. Other orders can be placed there to mislead us into thinking the market may move in a particular direction. Playing psychology. Only big players have the ability to do that.
 
A

Andrew833

Arch-Supremacy Member
Joined
Apr 7, 2017
Messages
17,521
Reaction score
6,090
hwckhs said:
Agreed. I think only the top of the order book, ie. highest bid and lowest ask (or maybe only the first few orders at those prices) can be believed. Other orders can be placed there to mislead us into thinking the market may move in a particular direction. Playing psychology. Only big players have the ability to do that.
Click to expand...
This morning market pre- open, I bid $3.38, when the opening is very near, price sudden drop. Quickly withdraw order, and bid at $3.36. Opening 3mins I got it :giggle: AEM
 
Sarutobix

Sarutobix

Senior Member
Joined
Jul 13, 2008
Messages
2,133
Reaction score
6
Grats to those who double-dip buy last Friday or early Monday while people are panic selling :D

While it did not recover back to previous highs, but I am sure most people wouldn't believe that the market is green now.
 
Y

yumsang

Arch-Supremacy Member
Joined
Apr 24, 2020
Messages
10,222
Reaction score
1,941
why so green? insider news covid over ？ or indian variant is just mild flu?

anyway flct priest dont stop :s13:
 
You must log in or register to reply here.
Important Forum Advisory Note
This forum is moderated by volunteer moderators who will react only to members' feedback on posts. Moderators are not employees or representatives of HWZ Forums. Forum members and moderators are responsible for their own posts. Please refer to our Community Guidelines and Standards and Terms and Conditions for more information.
Top