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Re: randychub post# 1735

Thursday, 05/17/2007 8:50:46 AM

Thursday, May 17, 2007 8:50:46 AM

Post# of 6451
Opps, Sorry, Meant to put that on Cortex's Board.

Only my 6 or 7th post, I'll try and be more careful.

For what it is worth, when I was accumulating Cobalis, I would put in 5000 share orders a penny or two from the ask and the ask would almost immediately increase.

So I lowered my limit orders to 2-3000 shares, and the same thing happened.

It seemed obvious to me that tiny purchases could move this stock, in fact after I thought about it, I began trimming my holdings, realizing that the only way I would be able to exit without getting creamed was if there was heavy buying on the trial results.

Anyway, I am still long and follow this board, hense my mispost.

Sorry.
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