Thread: New to Pennies: Explaining Spikes? (ASNB)

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  1. #1

    Default New to Pennies: Explaining Spikes? (ASNB)

    Hi, folks!

    New to this game. Full disclosure: I'm playing with small amounts of money, realizing buy/sell fees will bite me badly if the stocks with which I'm playing around don't totally rock.
    Amateur foolishness, I know -- please let me learn my lesson.
  2. #2

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    That said, I'm trying to wrap my head around things -- like this spike today from ASNB:

  3. #3

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    (I know I'm not using pro charts like you guys are. Sorry.)
    Anyway, what's with this? The spike shows a climb from like $0.07 to $1.00! That price, however, isn't reflected in the day high or 52-week high....
    This makes me wonder: did the stock ever legitimately trade at $1.00? Do you think anyone was actually was lucky enough to have bought at $0.07 , then turn around and sell at $1.00?
  4. #4

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    Looks like a bad print in the system. The day high was .0999 like it states.

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