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Re: 30sgrasshopper post# 6350

Sunday, 06/04/2006 5:40:56 PM

Sunday, June 04, 2006 5:40:56 PM

Post# of 35788
Always remember this wall street is an evil place. Many out there want your money and will stop at nothing to get it. I suggest etrade for your brokrage account and also ameritrade. I like etrade for the level 2 on the pinks. I like ameritrade for trade exacution. As for this stock being manipulated yes to some extent but they wont be able for ever. Once all the pieces fall into place its up and up and no stopping it. Right now they are trying to scare the heck out of newbies. The big gap between bid and asks is one way. As long as fools sell at the bid with it being .004 cents spread why would they hit the ask. They wait for someone to sell. To get you to do this they will lower the ask down closer to the bid making you think its going lower and you panic and sell at the bid and they take the ask back up and sell to the next person. Ever wonder why you dont get the stock when your sitting on the bid. Or why your bid is not showing up on level 2 when its higher then the showing bid price. Its all how they play the game. Big money has many accounts and uses many different Market makers to achieve what they want to do. Trust me as a former broker I use to watch the traders do this all the time. They go out for drinks after work and laugh about it. If you want to bet them at their game always go to the bid to buy if you really want to own the stock place 1/2 at the bid and trade the other half at the ask price at least you will get 1/2 at the price you wanted and maybe the other half lower. Now this one always pisses me off. You place a order for 500000 shares of a sub penny stock you see orders going off and you think its you. But you look in your account and you only got 35000 shares. What the heck the MM is buying the stock and covering force you to buy at the higner prices. They just filled your order but in there books. So now you raise the price from say .0045 to .0046 and you get filled the MM just made money. Then what pisses me off more is the ask price goes back down to what you were trying to buy the stock at. Suddenly they is plenty of stock at the price you wanted. They have so many ways of screwing you but in the long run bign will not be held back to much going on. It will 10 fold the day the shorters relize that bign is real and they will cover buy more and take it up. When good question. I think very soon. GLTA.

All posts are just my opinion and should not be taken as investment advice.