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LouisDesyjr

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LouisDesyjr

Re: RustingPenny post# 31764

Wednesday, 05/04/2016 4:21:55 PM

Wednesday, May 04, 2016 4:21:55 PM

Post# of 82724
One should back off the bid.

Well, I have no idea who is stilling on the bid for a few million, but they should back off the bid to $0.0004 or even $0.0003.

Sitting at $0.0007 is not a good idea, since once the orders are filled, only the market marker will be there with a puny little 10,000 block that will melt at the first sell order.

I bet with a little work, one can guide the bid/ask range down by at least 50%, if not more.

Louis J. Desy Jr.

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