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Re: Grande25 post# 271879

Monday, 06/18/2007 7:14:35 PM

Monday, June 18, 2007 7:14:35 PM

Post# of 311080
Hey Grande25, The bid is .013 and the ask .015 and the MM's will buy and sell small

odd lots in between. But once a order comes up that is more shares than can be

gathered at .013 than they allow shares to be sold above the bid in matched amounts.

Afterwards they can drop the bid back to .013 and do...

I bought about 10 days ago when the bid was .012 and the ask was .015. I put in for 399.000

shares at .015 and the bid jumped to .014, my trade was broken up into 3 matched trades

at those prices and after I was filled they dropped the bid back to .013..

IMO the way its trading is a decent amount of shares at the bid will quickly take it down

or a decent amount of buys at the ask will take it up quickly.

MM's do business this way to instill volatility and volumes cause thats how they profit...

I hope this helps...

The above opinions are mine...

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y