Fun and games. READ THIS.
So UBSS was sitting at .0033 on the ask. and the next MM was at .0038.
The top bid at the time was .003.
I put in an AON order for 20K at .0033, ($66) just to see what would happen.
#1, my MM won't show the bid at .0033.
#2, UBSS immediately backed off to .0035, and CLYP jumped in front of him at .0034.
#3 CLYP also jumped up to the top of the BID to .0031 at the same moment.
GAMES? I'd say so.
and my order didn't fill.... So then, I changed the order to .0031 (AON) to match CLYP on the bid. And AGAIN, the MM won't show my bid, and I haven't been filled yet.
More games? I'd say so.
Guys, it would appear to me that AON orders at the ASK make the MM's move the ASK up and freaks them out.
Try it yourselves, see what happens. Goes to show, we can mess with them too.
Nobody says you have to make up your losses in the stock you lost them in to begin with.
Get out of the Yugo, get into the Ferrari.
