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Re: VistaViewer post# 2123

Friday, 07/21/2006 12:13:55 AM

Friday, July 21, 2006 12:13:55 AM

Post# of 97093
I try not mistake opinion particularly negative opinion and conjecture particularly the conjecture of conspiracies with fact. Here is an example, a stock sells off a little, posters like we have in this stock and many others immediately conclude that marketmakers must know something. Boards like this one begin to buzz with conspiracy theories like tonight. S8 shares are coming or the printing press is working overtime. The fact is marketmakers do know something. They know that the majority of message board posters perform no due diligence on their stock purchases. They have level 2 and level 3. Because they make their living by trading stocks watching every tick they spot a trend they see Ameritrade or Etrade or Arcapeligo offering stock in quantity for 2 or 3 days in a row and remember back 2 or 3 weeks ago when the buying was just as chaotic. They see bids banged out with stock being sold stupidly. And the marketmaker makes his move and sells the stock down to a level where they know they can buy a boatload of shares at a no risk price. They do it in complete invisibility because the people who use Ameritrade and Etrade and Arca help them. Many of us watched this pattern in RCO for three years and this stock may repeat that performance unless real retail buying comes in.