DEFINITION OF 'AUCTION MARKET' A market in which buyers enter competitive bids and sellers enter competitive offers at the same time. The price a stock is traded represents the highest price that a buyer is willing to pay and the lowest price that a seller is willing to sell at. Matching bids and offers are then paired together and the orders are executed. INVESTOPEDIA EXPLAINS 'AUCTION MARKET' The New York Stock Exchange (NYSE) is an example of an auction market. Auction markets differ from over the counter where trades are negotiated. For example, 4 buyers want to buy a share of XYZ and make the following bids: $10.00, 10.02, 10.03 and $10.06. Conversely, there are 4 sellers that desire to sell XYZ and they submitted offers to sell their shares at the following prices: $10.06, 10.09, 10.12 and $10.13. In this scenario, the individuals that made bids/offers for XYZ at $10.06 will have their orders executed. All remaining orders will not immediately be executed and the current price of XYZ will then be $10.06.
Buenas noches Romanof dormir bien y no dejes que los chinches pican!
3p to 27p in a matter of a week which is when I got burned at 23p. With BHR having close to 3.8billion and potentially a whole lot more if the warrants are exercised I can't see us getting past 1-2p at the very most. Good luck pal. I'm away now for 3 days back late on Friday, let's see what if anything happens between now and then. all the best idg69
Good evening Breezy - don't you wish you'd bought Fitbug instead of this shower. I thought it would have run out of steam around 5p having been as low as .35p. It hit 23p at one point today. They only have 168m shares in circulation so can be sent sky high very quickly. This happened to CPP when they went from
I'm seeking solice in the fact PTV have gone from .06p to 1p since November 12th - miracle do happen! Would be nice to think BHR could one day replicate this.
Come on BHR pull yer finger out and get cracking! This is just torture day after day watching it sink to new lows. Level 2 you are a brave man to dip your toes back in these waters. I hope it proves a good decision for you. I am so tempted to throw a load more at this to get down to a possible exit average around .5p but even that appears a pipe dream from .07. That's like a 'normal' share in the real world going from 7p to 50p and how often does that happen? BHR are so out of favor it's unbelievable, it will take a monumental shift to change sentiment in the short to medium term. Good luck all. idg69
De BoD, dem a mek big lies with dat rns on Friday, dunno wat for, dis is fooked anyways, it mek Winston cross.
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