Today's huge multi-hundred thousand share E-trade bid is being hidden by the market makers, trying to shake out some low asks.
If you are falling for this trick, you will lose your shares.
I was watching early action, and saw the .113's go, then a huge multi-hundred thousand share bid at .1132 was the bid by E-trade, and then they hid it with a higher 5000 share bid at .1133. All this happened in a split second...
So then they hit the bid at .1133 with 1000 shares to make it look like a sell off, and now have suckered some sellers to lose their shares at .114. Oh well, at least you know the game today.
Good luck everyone!
