InvestorsHub Logo
Followers 9
Posts 636
Boards Moderated 0
Alias Born 05/25/2001

Re: None

Tuesday, 08/12/2003 2:22:55 PM

Tuesday, August 12, 2003 2:22:55 PM

Post# of 78
There is some phony trading going on with KAIR!

After watching the last few days trades, or lack thereof, I tried something today ....

SCHB was on the bid 5K at .24 for the last 2 days while DOMS was on the ask at .245.

This morning just as the market opened, I placed a 2K (a little teaser) sell order at .24 ...... at one time I was the only order out there.

I let it sit for 4 hours, thinking that SCHB (notorious for their partial fills) would take a few here and a few there.

Noooooooo .... one phantom 2500 share trade went thru, then a while later another phantom 2500 shares, then POOF SCHB off the .24 bid and now asking .25 and the bid drops to .20 (which was the next in line).

I wonder how many of those .26 buys were real, since the .24 sells weren't, IMHO