ARDI early morning special?

ARDI opened to a buy at $2.57 and bounced around the $2.55 range shortly after. For the next 20 minutes the stock just sat with little resistance either way (about 400 to 800 shares). With my 4,000 shares order this would not be a possible buy in. For me to buy in would cause the stock price to jump and I would have lost on the deal. So, I decided to wait around for a good opportunity to get in. I was waiting for someone to sell a few thousand share order so that I could quickly get in at the lower ask. Look below and you will see what I did. At 9:54 someone dropped about 5,000 shares which brought the ask to $2.52. Since I already had my order ready I quickly responded and bought in at the new ask. Can you see where my 4,000 shares got in under 3 seperate orders?


ARDI order on the fly


As of now $2.52 is the best Ask price on the market for ARDI (meaning there hasn't been a lower Ask yet) so I definately shopped well. Also, for comparisons sake, if I would have bought my 4,000 shares at the open at $2.57 (considering I got in) versus the $2.52 where I got in would have cost me $200 more. But, because I can see the intra-day patterns and waited patiently not only did I get a great price but I also saved myself $200.

So, now I stand with my 4,000 shares of ARDI waiting for a few buyers to get the price in a comfort zone, haha. Something else to note this morning, AXYX which I got out of the past two days at $1.24 and $1.23 is currently at $1.14 (down 6.56%). Earnings came out late yesterday and I am guessing it is reacting to them today.

Have a great morning,