Reply to: Why does my graph go all squiggly?

[Spacecadet]

Most quote providers only store intraday data for a week or so. Before that it will be daily opening and closing prices.

There you go then

[Freamon]

It looks like the granularity of the data used to create the graph changes as you go back in time.
Probably just saves the google servers from having to process huge amounts of data, when a single price for the day will suffice when looking 3 months back.
Try looking at the same data 2 months from now, it will probably show a lot less detail

Most quote providers only store intraday data for a week or so. Before that it will be daily opening and closing prices.

[Freamon]

Come on guys just tell the truth.

It means the company will go bankrupt next week

hth

mF

It just means the stock is illiquid, which is showing up in the bid/ask spread. Don't bank on being able to sell out at today's price, there's not enough buyers out there to take down your order. If you do want to get out you'll have to do it gradually and even then you will probably put downward pressure on the price.

How much of the average daily volume of the stock do you hold?

[MarillionFan]

Come on guys just tell the truth.

It means the company will go bankrupt next week

hth

mF

[Spacecadet]

Linky

Look at the fluctuations today between 6.25 and 6.5p.

Is this day traders and spread betters making a crafty buck?

It looks like the granularity of the data used to create the graph changes as you go back in time.
Probably just saves the google servers from having to process huge amounts of data, when a single price for the day will suffice when looking 3 months back.
Try looking at the same data 2 months from now, it will probably show a lot less detail

[The_Equalizer]

Here's my little favourite junior oil explorer:

Rockhopper Exploration

Been in since 66p and topping up all the way. Just about to spud. Exciting times.

[Freamon]

It is traders hitting the bid / ask as they buy in / sell out.

Tower Resources Recent Trades. TRP Trade Information. Recent Share Trades, updated throught the trading day for Tower Resources Plc Ord 0.1P

[suityou01]

The mid price is changing. The graph will be based on the mid point between the selling price and the buying price.

As you cannot actually sell for the mid price this is a moot point concerning 'day trading'.

The buy and sell prices move constantly throughout the day and on a low price penny share, which this is, if there is volume it looks like it's moving.

Which it isn't.
But now I know you're in it. I'm going to short it.

Trebled my dough already, and expecting this share to go all the way up to around 45p. Nice little earner I reckon.

[MarillionFan]

Well **** me, it's George Soros!

I've just shorted Dickhead PLC as well. I definitely know you're in that one.

[Churchill]

The mid price is changing. The graph will be based on the mid point between the selling price and the buying price.

As you cannot actually sell for the mid price this is a moot point concerning 'day trading'.

The buy and sell prices move constantly throughout the day and on a low price penny share, which this is, if there is volume it looks like it's moving.

Which it isn't.

But now I know you're in it. I'm going to short it.

Well **** me, it's George Soros!

[MarillionFan]

The mid price is changing. The graph will be based on the mid point between the selling price and the buying price.

As you cannot actually sell for the mid price this is a moot point concerning 'day trading'.

The buy and sell prices move constantly throughout the day and on a low price penny share, which this is, if there is volume it looks like it's moving.

Which it isn't.

But now I know you're in it. I'm going to short it.

[MrRobin]

So who's arsing about with "my" stock?

The Ugandan government?

TOWER RESOURCES Discussion TRP TRP.L - Interactive Investor

[suityou01]

Another observation:

To pocket £100 by buying at the lower squiggle and selling at the high, you would need to trade in volumes of about 100,000 shares. The volumes of those trades are much smaller.

[MrRobin]

Another observation:

To pocket £100 by buying at the lower squiggle and selling at the high, you would need to trade in volumes of about 100,000 shares. The volumes of those trades are much smaller.

[suityou01]

The difference between the highs and lows are only 0.1p or about 1.7%. I can't imagine it's spreadbetters as the spread between buy and sell would be more than that.

So who's arsing about with "my" stock?