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Enlighten me please...

Just wanna understand, why would someone sell at 1.49 when the price is hovering 1.50-1.51?
Rushing somewhere??
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  • thunderhearts : someone placed market price order to exit fast or stop loss triggered one. it basically fullfills whatever ask price.

  • b34r : There wasn't enough buy volume at 1.50 to exit. Options were to wait and risk further price drop, or exit decisively at 1.49, where there was enough buy volume for that seller at that time.

  • BlackChalkOP : I queued for whole week for 1.50 not filled and today's open 72K were transacted at 1.49.
    Must the buy/ sell price match before it gets filled? Or if i lmt sell at 1.49, it must die die wait for someone to come buy at 1.49 and won't get sold to 1.50 even alot of buyer at 1.50? Tks for all advice !

  • dingdongdingdong BlackChalkOP: i do find queing on moomoo seems hard to get as compared to other CDP linked platform. not sure if it is like using a vitual mobile like simba, where their user are 2nd grade as compared to those on Singtel/Starhub

  • toomanyscammers b34r: it could also be a previously placed order where the stocks auto sold once the limit order of 1.49 was reached?

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