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Posted on 7/29/20 at 10:08 am to CajunTiger78
The duration of the trading halt depends on how long it's taking to get the bid/ask volume back into balance.
The recent halt in trading was caused by a massive order imbalance.
The bid size was in the 50,000 shares range and the ask size was around 1,000 shares range the last time trading resumed a few minutes ago.
Right now sellers are overwhelming the KODK trade. Before that the buyers were overwhelming the sellers.
ETA: Trading just resumed for about 30 seconds and was halted again. The bid size was 45,000 shares and the ask size was 500 shares. Then trading was halted again.
The recent halt in trading was caused by a massive order imbalance.
The bid size was in the 50,000 shares range and the ask size was around 1,000 shares range the last time trading resumed a few minutes ago.
Right now sellers are overwhelming the KODK trade. Before that the buyers were overwhelming the sellers.
ETA: Trading just resumed for about 30 seconds and was halted again. The bid size was 45,000 shares and the ask size was 500 shares. Then trading was halted again.
This post was edited on 7/29/20 at 10:10 am
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