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Re: PenniesGoneWild post# 24803

Thursday, 03/29/2007 9:17:49 PM

Thursday, March 29, 2007 9:17:49 PM

Post# of 143047
good work - the other thing that I want to point out and have people send you is screen shots of the mirror trade showing that they are reversing the order in the mirror trade for their best interest. In other words a buy order @ .0012 comes in and a sell order @ .0011 comes in (or else the MM fills it out of his own stash). Either way - they are listing the sell first and then the buy so that the closing price is the lower #. So if it's trading @ .0012 and a buy order comes in @ .0012, then they immediately post the sell @ .0012 and then the buy @ .0011 dropping the overall price driving the bid/ask down. It's totally unethical and illegal for someone who is supposedly creating a market. Does that make sense - NITE & Co. has done it consistently the last couple of days.

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