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Re: wing_walker post# 2835

Saturday, 04/15/2006 12:58:14 PM

Saturday, April 15, 2006 12:58:14 PM

Post# of 87064
The market was of course very slow going into the 3 day weekend. MM's usually try and run an orderly market and this was not the case. My level 2 wasn't working but looked like no AX with many others under him!!! Maybe one or two incompetent MM's for sure. Anytime there is a HUGE spread (this was the largest I have ever seen) then the MM does NOT WANT buyers!! IF this certain MM was trying to unload them because as one poster says.. HAS TOO MANY SHARES!! the spread would have tightened up. Truth is the MM wanted sellers around .01!!!! Many SMALL trades that were head fakes happened all day. The MM's set the prices to induce dummies to sell cheap, end of story. Watch next week and you won't see chaotic trading. I agree some sort of guidance PR would help but I do KNOW that company is signing up many subscribers and that they are busy. The PR's will come with a little patience and IF any of you think sub-penny sell me all you got and I will give you .011 even haha!!



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