View Full Version : TXLA-Why would price be higher than ask?
xboilermaker
04-28-2006, 01:13 PM
What would be the reason for a stock to have a bid of 1.22 and ask of 1.29, yet the price is up at 1.35?
mhertz
04-28-2006, 01:29 PM
just volatility -- last sale was at $1.35, seemingly a higher than reasonable price. so now buyers are only willing to set buy limits at $1.22 and sellers are willing to sell at $1.29
Luc1Grunt
04-28-2006, 01:32 PM
somebody buy a boatl load at market and reached into the stratosphere to pick up the size? Anyone running level II, I don't have it here at work.
englishman26
04-28-2006, 01:40 PM
I've been expecting TXLA to go on a run to $2.50-$3 area for weeks now and it's just stuck! Needs some good news. Or maybe does some bad market orders!
xboilermaker
04-28-2006, 01:44 PM
I hope you are right Englishman. Been sitting on a couple thousand since 1.50, and soon ready to bail. The ice man was pumping it but has been silent lately.
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