Tuesday, March 06, 2007 2:21:41 PM
Posted by: Frzframe
In reply to: None Date:3/6/2007 11:01:38 AM
Post #of 5236
Seems to me like the MM's game is this, sit at .0001 with shares and sell a few, but mostly collect retail sells. Bump the bid up on volume and sell the .0001's they collected from impatient peeps, buy a few to make it look good, then KAPUT. Bid back at .0001 and start the cycle all over. 100% profit less the few allowed sells at .0002.
My take is eventually they will run out of shares available at .0001 and THAT is when the run will take off.
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