Monday, October 16, 2006 1:23:27 PM
What I have had noticed, it that when someone puts a bid at 15 while the MMs are at the bid = 15 and ask = 16, the MMs will brings the the PPS lower and/or short you the shares.
I have quitely accumulating shares all between 22 and 20. As I got filled in at 22 while the PPS was at 23, the PPS started to trickle lower and lower. I then added more shares at 21, then 20 for a total of about 7 million shares added on top of my 6 million share I have been holding since the runop to the penny.
Conclusion: The MMs are shorting the shares to you as you put in a bid lower than the ask which then the PPS starts to drop because they can drop the bid/ask and the MMs recover (shake the weak hands in to selling) what shares they shorted to you from the weaker hands at a lower PPS. Basicly, we are not doing ourselves a favor when we put in a bid lower than the ask.
As we all buy at a lower PPS thenthe ask, the lower the PPS will be moved by the MMs since they have to short what the do not have and recover at a lower PPS. (repetative.) (I am also at fault and gulity of the same at PPS between 20 and 22)
ALSO:I have watching this board for sometime now. I do not think Keysian (sp?) is stupid. I believe has a hidden agenda.
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