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Friday, 04/01/2011 9:57:37 AM

Friday, April 01, 2011 9:57:37 AM

Post# of 19899
hey guys, just found this article regarding MM's and how they have secret codes for each other and possibly influence penny stock prices. Just thought it was interesting, because occassionally I do see these amounts being traded on TADF and other penny stocks. GLTA (this is an excerpt from the article)

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.

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