Nashville Records, Inc. (NRCD)

[Brookwinn]

Hey Cat,

Thanks for the posts on volume, etc. It is very likely that there was some flipping (buying and selling multiple times as the share price went up and down) by the same traders over the past few weeks - especially when you see how much % change there was, so that a smart trader could have bought and sold at just the right points and made great gains. So that kind of flipping could account for a large part of the volume as the same shares were bought and sold repeatedly.

I live in Canada, as you may know by now, but I have not done any flipping or day-trading of my shares; it has been all accumulating for me to this point. I had said earlier that I have close to 2 million shares - since someone is doing an actual tally, I will be more exact - it is 1,891,000 as of today.

When I view Level II, my orders have usually not shown up. Last week I thought I did see my order as the price shown matched my order - and yes, it was UBSS. Also, the order size usually shows "100" or "1" which doesn't tell me anything about the actual size of the order. So the Level II helps me to get an idea of what the ballpark is, but leaves a lot of guesswork. Usually if I place an order, I have to sit and wait to see what happens -- often lots of other orders fill at the same price as my bid, and I am not filled. But I always use the "limit price" feature and I think I have read that it would mean my order would have a lesser ranking or probability of being filled.

Lion