I get and understand bid sitting, we all do it..wanting to get the cheapest shares possible!! However at the same time, the concept that in order for you to get filled on the bid the stock must do down, should be understood! Once your bid gets filled, again from the stock dropping..what stops the next/lower bid under you from getting filled next.. and so on.. and so on!! There's a strategy for every stock and situation as well as there definitely being a time and place for bid sitting.. but a moving stock that had momentum..one with this kind of potential.. that has recently released an 8k and has expected future news coming is not the time or place.. SLAP THE DAMN ASK and support your own investment! People put all the blame on the CEO, the company, the MM's, and flippers.. but won't support their own investment in order to save a few .001's?? Momentum is everything and bid sitting is a HUGE momo killer!
