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Alias Born | 04/06/2014 |
Tuesday, August 26, 2014 10:40:16 AM
all this action right now today is people bid whacking/bid sitting
also just because VFIN shows up,
that is not an automatic sign of dilution
VFIN can be used to dilute, but it is not a guarantee dilution MM
also, TEMN, when you compare to other penny stocks, the float is LOW
also the AUTHORIZED SHARES is low when you compare to other pennys
so even if they were to dilute here and there, no matter,
your float is low enough where TEMN moves, and moves fast when the momo is going
I understand your dilution concern, and other more experienced traders may understand it too, but until we see the amount of ASK hitting takes place with VFIN on there, we really wont know what VFIN is up to until that time
the other day, yes he was on the .0026 for 10k, but at that time, there was 3 other market makers on the .0026 -
sometimes he shows up with a fake 10k, just to be there and may not have any shares at all -
when he was there that day, no one hit the other MM's shares enough and we ended up coming down a couple tics and we never got a chance to test him
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