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Re: hebroots post# 2804

Monday, 05/15/2006 11:34:08 AM

Monday, May 15, 2006 11:34:08 AM

Post# of 28886
If you watch L2 you will see that there are certain MM's that are the major players with a stock. With STTK the major players on both the bid and ask have been UBSS and NITE. MM's can manipulate the price of a stock (especially in the OTCBB). Technical players, among other things, pay attention to L2 market maker movement and play the game in the direction that the major MM's are taking the stock.

With that said, I have noticed that ARCA, although not always present with STTK, has always showed up on the bid with sizable bid orders (more than 50) before STTK took its dramatic up swings or reversals. ARCA showed up and played the game regularly during the big volume days from the $.30's to over $1.50 and then disappeared while it was beat down over the next month. ARCA reappeared from the mini-run last week from .40 to .60 and then disappeared again until today where he is playing the bid again.