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Re: None

Thursday, 02/12/2015 10:08:23 AM

Thursday, February 12, 2015 10:08:23 AM

Post# of 106838
Quote: "They have plenty of buyers at one cent.
I've had a limit buy order set since early morning. Appears no one is willing to SELL for one cent. "

A liquid stock, a "healthy" trading stock with MM's "making a market" does not sit for 23 minutes now w/o a single trade. It means there's essentially no retail buyers or sellers or orders being matched or order flow. It's called ill-liquid.

One anecdote that one person has a "buy order in" doesn't mean by any stretch that there's "plenty of buyers". Not how a market works.

When it takes over 20 minutes for so much as $100 to even trade- then it's gone ill-liquid. If there was truly a "lot of, or plenty of buyers" then the MM's job is the "make a market" and provide liquidity - which is obviously not happening when it sits parked w/o a single trade, not so much as $50 bucks or $100 bucks worth matching up.

My 2 cents.