Amfil Technologies Inc (FUNN)

[recinvestor]

FYI, I'm not clogging the ask to try and pick up on the bid. I've seen enough sizable random ask slaps to know better than to risk my shares.

That doesn't mean some other large shareholder isn't doing this, just letting you know it's not me playing games on the ask.

I'm the 400K bidder. The purpose of placing a real bid with real money is to try and counteract any sellers playing games on the ask.

If my bid gets sold into, that will just be another 400K shares in strong hands.

I don't need more shares, but if someone wants to dump to me, I'll take them, but only on the bid.

A shorter won't dump to the bid when the spread is as wide as it is. Shorts sell the ask, and then walk the price down little by little, until scared money dumps to their waiting bids.

But if there are other big bids like mine in place, that aren't shorting on the ask, they're less likely to mess around because that real bid could get in their way.

Thus the importance of placing a bid sometimes, rather than using those funds to slap the ask.

Go AMFE
Rec