Pervasip Corp (PVSP)

[Bjones2]

15% spread, MM hitting Day traders, LOL

15 to 20% spreads between BID and ASK clear sign that MM are making it difficult on day traders playing those 2 tic moves.

Most of this BID whacking is the same ole group of manipulators and it is to do with a stock that very few are trading. Longs are not setting the price, the day traders are, they are the frequency trades, like Shakey often claimed he alone was trading 60% and higher of the daily trades, and I know for a fact that he was.

Put 5M on the ask, and offer to buy 5M at a few tics lower and there you go. IMO, just ignore the background daily trading, look longer term out 6 months to a year and I think the Longs will be happy campers.