I've got a question about how this works....
I was watching this closely this morning, as I had a sell order in place.
The 675K order at .01 was there all morning.
There were a bunch of sellers in there at .01
Some new sellers (including myself) came in at .009
The indicitave open price was .01 until more than 675K were on the sell at .009, then the open price went down to .009
I pulled my .009 order, as I wanted .01 (ie. to sell to the .01 buyer)
What I don't get is why this happens. It appears as though the buyer would have paid .01 (in fact did) for ALL shares if there weren't enough at .009 but would have only paid .009 if there were enough there at .009
If anyone understands what I've just typed, could they explain to me how this works?
Thanks in advance.
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