I copied this from a post awhile back. Not sure how accurate it is, but interesting.
Market Maker Signals on Level ll
100 - I need shares.
200 - I need shares badly,but do not take the stock down.
300 - Take the price down so I can load shares
400 - Keep trading it sideways.
500 - Gap the stock. This gap can be either up or down, depending on the direction of the 500 signal.
505 - Short on Shares
911 - Pending News
Market Makers Scams
Many market makers and organized clubs also get paid to manipulate stocks. In the case of a Market Maker, if they get a client who pays them to accumulate a particular stock at a certain price then the Market Maker will work either alone or in concert with other Market Makers to bring down the price of a stock in order for them to be able to accumulate the stock for their client. The only way to stop such devious practices is for individual investors to hold on to their stock if they have it and to support the stock by submitting their stocks as hot picks on here and for other investors to support the hot pick with their sentiments and/or recommendations. One would think that the SEC would put a stop to these Market Makers' practices but you see, the SEC is a mafia style organization whose top brass is in bed with the big players. For example, "shorting" a stock is equal to "defamation of character" and such practices must not be allowed at all. When you see an order for 300 shares, 600 shares or 900 shares know this: those are market maker signals to one another to manipulate the stock.
300 means bring the price down at least 30% and
600 means provide resistance and
900 means let the stock float.
You will usually see these trades early in the day, many times pre-market and when the volume slows down or around 1:30 - 2:30 PM EST
Whenever I see Canacrap, First, Annon and other brokerages (even Sprott 17% owner!) manipulating the SP with smal orders 100, 300, 400, 200... I know we are just before a pop in share price. The big boys are just trying to shake out the remaining weak hands.
Watching the trades go through you may sometimes notice very small executions. Some people believe, and remember this is just a theory, those small numbers could be the market maker signals to each other...
100 I need shares.
200 I need shares badly, but do not take the stock down.
300 Take the price down so I can load shares
400 Keep trading it sideways.
500 Gap the stock. This gap can be either up or down, depending on the direction of the 500 signal.
