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Alias Born | 11/16/2003 |
Friday, July 13, 2007 10:09:28 AM
I decided to pick up a few more shares today!
I put in an order this morning to buy 50000 at .016 (when ask was .015). It was NOT an all-or-none order.
After filling someone else for 13000 shares, they filled me for 5000 shares. Crap. The ask IMMEDIATELY jumped back to .02.
So I waited a few minutes, then changed my order to buy the remaining 45000 at .0201. This time they sold 10000 to someone else then sold 5000 shares to me. Crap. The ask IMMEDIATELY jumped up to .023.
In summary, any kind of buying pressure is making the ask BOLT upwards and no volume is really allowed at the ask.
What do you make of this weird trading? I place an order ABOVE the ask when no trades are happening, they sell a block to someone else and then sell me a little. Twice in a row is too much for a coincidence and it happened within seconds of my order.
Someone fishy is really going on here, and I hope it is a good kind of fishy. We need buying pressure!
--TX
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