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Re: the cork post# 68

Wednesday, 06/16/2010 6:28:42 PM

Wednesday, June 16, 2010 6:28:42 PM

Post# of 297
Don't fall for it - MMs hunting for shares.
All day at 0.40 with 13K shares at the ask, then 200 shares right at end of day for .34







For what its worth:
MARKET MAKER SIGNALS

(Penny traders believe that Market Makers (MM) will "signal" moves in advance buy using small amounts of buys or sells as "signals". The "signals" are such a small amount of shares (worth no more than 5 or 10 dollars) that no trader would have paid a commission that costs more than the amount of shares bought. The "signals" are from one MM to another.)

* 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.
... this is a theory is put forth by a lot of penny stock traders. Ref- http://www.thepennystockblog.com/signals.html

Kiwi




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