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  4. CytoDyn Inc (CYDY) Message Board

His might be a dumb question, but I was thinking t

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Post# of 153881
(Total Views: 451)
Posted On: 06/17/2022 6:52:40 PM
Posted By: gestalt2
His might be a dumb question, but I was thinking that all of the investors here who put bids in a these low prices under the stock price might be driving the sp lower from that activity. My question is if that is possible? If a bid is put in as a limit order below the market, the offers would eventually find that bid and the stock price would be at that bid price now. It is likely not noticeable on a larger volume market but on Cytodyn there is the possibility that low bids are pulling the sp lower in small steps? Is this the shorter’s edge? It would need a correct volume of bids and asks, but I would think that fife has market orders in to sell that might be huge and the low bids from retail investors looking for a deal is why the sp erodes over time?


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