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Re: EricVan post# 7748

Friday, 03/09/2007 1:52:09 PM

Friday, March 09, 2007 1:52:09 PM

Post# of 76394
When it was $.04 ask, I put in that price for 12,000 shares.
No fill for several minutes.

They then dropped the ask to $.039, and waited at least anouther 20 minutes leaving my order at $.04 ask price. Nothing.

They then dropped the ask to $.038, and I waited about another 15 minutes - nothing.

Then I dropped my price to $.039 for several minutes while it remained on the $.038 ask price. Nothing.

Then I dropped my price to $.038 for nearly 20 minutes while it remained on the $.038 ask price. A few other small orders were filling, not mine.

I put in an A/N order, not letting them sell more small lots. The A/N order may have been my problem.

Before that I put in an order for 20,000 at the $.04 price, which was the ask price and it didn't fill, A/N.

They dropped it to $.036, and I was about to drop my buy price to $.038. Before I COULD ... the order filled at $.036!

Go figure! Not complaining ... but I've never had anything happen like this in a long, long time.

I'm a novice at this, but I'm guessing some of the posters are right. Shorts trying to cover. Make sense?