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  • A large bid size indicates a strong demand for the stock.
  • A large ask size shows that there's a large supply of the stock.
  • If the bid size is significantly larger than the ask size, then the demand for the stock is larger than the supply of the stock; therefore, the stock price is likely to go up.
  • If the ask size is significantly larger than the bid size, then the supply of the stock is larger than the demand for the stock; therefore, the stock price is likely to drop.

Currently EDIG's Ask size is about 205K. The Bid size is about 137K. I would say that means more people want to sell than buy but that may not be true. It just means there are more shares on the Ask, not necessarily people. By any definition, it still spells downward pressure on the price.

Have a good day.:>)

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