Authentic Holdings Inc (AHRO)

[chaostrader]

I agree if we were talking about the NYSE, however, there are no market orders on the pinkies.

Who told you "Market Orders" are not for pinks?

I'm talking about all US publicly traded stocks. And yes a "Market Order" is allowed on the pinkies and all exchanges. MO direct the MM to IMMEDIATELY execute either a buy or sell order at the current ‘market price’ – the best bid or offer

Bid/Ask are always important. If I
had to sell GFTI 1000 shares, who has the highest price? It doesn't matter to me what a buyer agenda is and why they're bidding so long as they buy my shares at their quoted price.

I understand where you coming from.
If you believe in the company then wait till the company prosper.


Level 3

L3 is a workstation that allows a MM to directly execute trades and communicate with other MM - many times communication is done by phone. Example. If i had a large size order to sell and I don't want disrupt the market; I would call the MM who is active in the symbol and inquire if his or her buyer would buy a larger block from my customer.

However, It does NOT allow a MM to see other MM books and position. I've used a L3 for 10 years. execute the order and accept on ACT for clearing - that's it.
Furthermore, it allows MM to update the quotes and size accordingly.

Most of the daily volume in many OTC stocks are speculation traders.
Those who you call "fundamental value" trader is usually a lender and/or other who provide some form debt or service to the company in exchange in the form of equity at some point for deep discounted price.

Penny speculators vs HF guess who always wins? lol

Just My Opinion