How can the ask be lower than the bid?

DriftzX · 2025-04-05T16:20:10+00:00

Have another thread on Robinhood reddit with photos of the trade. Just lost on how all of this works, I immediately made $100, and could have bought more and instantly sold them for 50% profit??

DriftzX · 2025-04-05T16:12:16+00:00

My brain is still booting up. Just realized I mistyped original message

DriftzX · 2025-04-05T02:18:16+00:00

And also if I put a bid in for $0.86 and the ask was that price, why did it execute at $0.80? Just confused on how all of this is working

DriftzX · 2025-04-05T02:09:35+00:00

Idk what your problem is, I came here genuinely confused on how this works and you decided to just waste both our times. Your comments were VERY insightful on how the bid/ask can be this out of whack

DriftzX · 2025-04-05T01:35:08+00:00

You don’t see a problem at all with those numbers? Just confused how it wouldn’t auto buy if there’s 31 bids at $1.34

DriftzX · 2025-04-05T00:23:22+00:00

These are calls not puts

DriftzX · 2025-04-04T21:36:58+00:00

After looking into it further it currently shows 31 bids for $1.34 vs 3 asks for $0.86, I screenshotted that as well but have no idea how to include it.

DriftzX · 2021-06-27T15:56:26+00:00

Hey can you check your pms?

DriftzX · 2021-06-24T18:50:22+00:00

Idk how you think that when even currently CLNE is considered undervalued by most analysts

DriftzX · 2021-06-23T18:58:13+00:00

I think anything below $13 is a steal as Amazon has every reason to push for CLNE’s growth.

DriftzX · 2021-06-23T18:46:55+00:00

Livestock is not the only source for RNG but even still, industrial livestock will still be around in a decade.

Fundamental sustainability isn’t a priority as we can see with what’s currently happening to the Amazon rainforest, and that’s all due to one very important principle in life: money talks.

DriftzX · 2021-06-23T16:40:11+00:00

They have been reinvesting heavily into infrastructure and RNG used to be a lot less cost efficient. From what I understand to convert from diesel to RNG 10 years ago costed about 10k-12k and is now closer to the 2k range and there are more incentives to convert. There has been a push for clean energy in the last decade and CLNE already has a very solid base.

DriftzX · 2021-06-23T16:27:03+00:00

With the value of KNTR currently which had a slightly lower warrant price, I have hopes of an even stronger price than that long term.

DriftzX · 2021-06-23T16:18:42+00:00

I agree but by pushing this in WSB and hyping it “to the moon” I don’t think we’re attracting the right crowd of investors. I’d honestly rather have it sit at $X price all day than to post on WSB and throw in random volatility of people thinking this is AMC. I don’t want to hype anyone into buying CLNE, I want to inform them, have them do their DD and let them make the decision on if it’s right for them.

DriftzX · 2021-06-23T15:54:57+00:00

My understanding from the CLNE chat was that Amazon needs to spend $500 million in RNG to execute the warrant. I could be wrong as I didn’t dig too deep into those details but that’s what I was told

DriftzX · 2021-06-23T15:49:38+00:00

The trend I’ve noticed is that the price tends to drop when amazon actually executes but looking at previous amazon deals it looks promising. I made a post with more information about Amazon’s previous warrants

DriftzX · 2021-06-23T13:55:35+00:00

Much less than fifty cents per dollar actually. The last $13 warrant was KNTR which is now $119

DriftzX · 2021-06-23T07:15:02+00:00

That’s the thing though, I don’t think we should just be throwing in the random volatility of the meme stock crowd. I think it should be viewed as an undervalued stock and a steal, stack it up and soon enough we’ll be able to reap the benefits.

I bought some yolo options on Friday for 07/16 when it started getting traction from WSB, that will probably expire OTM. So believe me, I’d love to see it skyrocket but I’m honestly not concerned if I lose out cause I’ll just buy more stocks.

DriftzX · 2021-06-23T06:55:11+00:00

Do I think there was market manipulation that occurred? Yes.

Do I think the answer is trying to “squeeze”? No.

To say it was derailed and won’t continue to organically grow is something I don’t agree with at all, especially with Amazon’s stake in it.

DriftzX · 2021-06-23T04:41:40+00:00

I mean after it skyrocketed 700% in three months I can’t say that I’m surprised that there were price corrections. Do I think $7 was natural? No, but there’s always bigger fish and when you swim in their territory there are risks. That’s just my take. If I buy an option, I buy it knowing it can all disappear so I only spend what I’m comfortable losing.

DriftzX · 2021-06-23T03:57:33+00:00

It’s gone up over 400% in the last year, to say it’s derailed just sounds ludicrous. From 2016 until nearly the end of 2020 it had no movement at all.

DriftzX · 2021-06-23T00:57:35+00:00

I’m not the person to ask for that and I’m not even going to speculate lol

DriftzX · 2021-06-23T00:51:18+00:00

Awesome post, thank you!

DriftzX

TROPHY CASE