News Focus
News Focus
Post# of 5031303
Next 10
Followers 6620
Posts 453977
Boards Moderated 13
Alias Born 11/09/2000

Re: hlniv post# 534233

Saturday, 03/04/2006 11:33:04 AM

Saturday, March 04, 2006 11:33:04 AM

Post# of 5031303
BLYMs unfortunate problem right now is that is part of a pilot program on the pinks whereby the MMs are using defined spread restraints, and they for some reason have put the same rule on 001 stocks that they are using for 09 stocks, which is 0005 spreads. same thing occurred with ambv yest, once the stock gets over 001, it immediately goes to 001x0015 and stops the buying because its a 50% spread. Whoever came up with this "pilot" has essentially manipulated the mkt by stopping runs on 001 stocks, who is going to pay with a 50% spread? no one

Here's the info on the pilot

http://www.pinksheets.com/about/pr_021406.jsp

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today