1812 Brewing Company Inc (KEGS)

[jimtash]

KEGS the real bid size is 43 million shares at .0006. Or at least is was at 3:58 PM on 1/24 when I happened to see the order get pulled leaving 43 million shares on the bid. And yesterday 43 million were on the ask at .0007. The weird trades are simply the bid sitter transferring shares to the ask as those shares sell making it look like dilution. Then reloading the bid order a few minutes later. They can do it for as long as they want to because it's not costing them anything to bid sit. Or very little because hardly anything is going through at the bid price. And they're making money on the ask side. That's why I said slap the ask till they run out of shares to play with.

If the bid sitter wasn't around, the PPS would not be in the trips right now. That's how much damage they are doing. The only way out is volume. And lots of it.