WORTH REPEATING.....
XXBROOKSIEXX Friday, 05/30/14 04:34:56 PM
Re: YazM post# 51378
Post # of 51442
this was an email u sent us all
Of course that didn't do anything, I was just showing you that I could buy and sell 100 shares without it mattering to me. As far as it continuously happening throughout the day, you'd be surprised what it would entice. People that don't follow the L2 or see trade quantities would SELL into continuous 100 bid hits. It's been happening to this stock if you haven't noticed. Along with the 100 bid hits I've seen lowering B/A spreads, people dumping a couple 100K orders right after a large Ask hit just because there was a couple 100 share bid whacks every time the Ask was hit. Almost everyone who trades in the OTC market is full of emotion hence why there are the "bashers" and "pumpers". If you do some research on emotional trading you will see what all of these things do to many people in the OTC market. I could make this thing tank if I wanted to. The first thing would be to cut the spread. Never have a spread and always keep at least 500K on the Ask. Then, have a large 5M block sit right above it for the L2 viewers. Id start hitting the bid with 100 shares every time someone hits my Ask (if anyone even bothers). The moment someone dumps on the bid and it moves lower I then move my block down to that level, and keep doing it. I could make it drop without even anyone buying my shares just from emotion. People see a large Ask sitting there and then see the bid being hit constantly, people WILL dump. I guarantee that. All you need is the capital and a low commission cost. My commission is peanuts compared to all these $7, $10, $12 trades that most pay. Why would I buy and sell 100 shares that are worth 40 cents and spend $10 for each trade to do it? I don't spend that much on trades so I don't care about buying and selling small quantities. Its the point that the PPS goes where you want it to go for the BIG buy and sell. Easy as that, especially on low volume days. Do some research. This stock is moving on emotion alone that's why it's so predictable.
AI
