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Re: Big_Mullet post# 14376

Wednesday, 03/25/2015 4:32:31 PM

Wednesday, March 25, 2015 4:32:31 PM

Post# of 106839
Ole 1's gamed by the MM's IMO. It did almost no volume all day long, then suddenly, within minutes of market close they bump the Bid/Ask and a order for 949,999 shares shows up on the Bid, LOL??

Not 950K shares, but exactly 949,999? No way IMO.

This is not new- these MM's have been doing this for 2 months now on this one. Odd sized order blocks, like 324,998 shares and stuff- no vol all day, then a blast of 2 million shares into the close.

That IMO means no mom n pops retail buyers are even in the game for the most part- the only people who can print odd-ball, odd size orders like that, that fast into the close, are pro trading desks IMO. There was no E-trade MM's or NITE or similar typical retail order routing MM's showing. Looked like BMAK moved off the Ask, and in a slit second CDEL slid in with an odd numbered very large block- and suddenly shares are popping off in the millions traded, in a blink. These are match trades or short covering for someone like a Magna or some other shananigans being "gamed" on this IMO. And again, noting new- been months of this stuff.

Also, right when all this "went down" in the last few minutes of trading- not only did BMAK move instantly off the Ask several levels, CDEL goes to the Bid with a very odd sized block, but then CSTI is who showed up on the Ask and got the .01 to print. Who's CSTI? Another fairly "notorious" MM when looked up. Here's a I-HUB post about CSTI:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=69005279

That post claims CSTI is "naked short" related- I'll research um more later, but they popped right onto the Level II when this end of day odd-ball trading just popped off. Too coordinated IMO to have anything to do with any mom n pops regular public buying and selling- just no way IMO.

Those MM's tanked it to .0091 and it hadn't even traded $4K with less than 10 minutes to go in the trading day- then suddenly the spread moves like 11% to the upside, a huge couple of share blocks print and some odd-ball, huge sized order gets parked on the Bid that's off by 1 share from being an even block- and like magic, BMAK backed way off the Ask exactly as all this happened?

Again, these MM's are gaming this thing huge IMO. It was CDEL that appeared with the odd-block and they're close to as notorious as BMAK from what I've read about them (BMAK being most likely Magna and/or Asher from all I've read) - here on I-HUB and other forums. They're known as a "dilution MM", just like BMAK, aka a "pro trading desk" that's not handling Joe Q. Public order flow.

My .001 cents, see how long that holds up.

Snapshot of end of day and what MM's were parked where-

http://www.otcmarkets.com/stock/BHRT/quote

All the "usual suspects" IMO.