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View Full Version : New to Pennies: Explaining Spikes? (ASNB)



AlfredoMl
06-25-2018,
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. http://onlinetradersforum.com/styles/default/xenforo/clear.png

Angelaodof
06-25-2018,
That said, I'm trying to wrap my head around things -- like this spike today from ASNB:

http://onlinetradersforum.com/attachments/asnb_spike-png.13734/

AntonioVem
06-26-2018,
(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?

admin
06-28-2018,
Looks like a bad print in the system. The day high was .0999 like it states.