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Re: kermit42 post# 62

Friday, 07/13/2007 10:34:02 PM

Friday, July 13, 2007 10:34:02 PM

Post# of 67
I'd say that was normal activity. I've had quite a few of my otc-bb trades trades lumped in with others so you don't see your exact size on the tape. In a slow trading stock like SNWP the mm's take there time trying to match up an order to buy or sell before executing. This is not the NASDAQ where trades are lightning fast even in an illiquid stock. Also, if and order is to small your MM doesn't post it. I read somewhere executions are not guaranteed in penny stocks. How many times have you've been given a partial and the market passes you by. Happens a lot to me, lol.

In an illiquid stock like SNWP the MM's like to keep the spread wide so they can make some money. If there were lots of daily trades they'd make less money per trade but lots of them. With that in mind, when one places an order in between the spread they can take their sweet time waiting for another unseen order to match it up with.


prints only...
1:30:14 PM Trade 0.0013 10,000 ($13 lol)
1:30:14 PM Trade 0.0019 10,000
1:29:04 PM Trade 0.0013 10,000
1:29:04 PM Trade 0.0019 10,000
1:23:00 PM Trade 0.0012 35,000
1:22:58 PM Trade 0.0012 805,000 ($966)
1:21:52 PM Trade 0.0012 265,000
1:11:00 PM Trade 0.0013 50,000
1:10:30 PM Trade 0.0013 10,000
12:45:24 PM Trade 0.0014 100,000
12:44:16 PM Trade 0.0014 60,000
12:27:50 PM Trade 0.0014 80,000
11:50:50 AM Trade 0.0013 20,000

2:30:22 PM -Ask- 0.0019 5000
2:20:06 PM -Ask- 0.0018 5000
1:30:14 PM Trade 0.0013 10000
1:30:14 PM Trade 0.0019 10000
1:29:04 PM Trade 0.0013 10000
1:29:04 PM Trade 0.0019 10000
1:23:00 PM Trade 0.0012 35000
1:22:58 PM Trade 0.0012 805000
1:22:48 PM -Ask- 0.0019 5000
1:21:52 PM Trade 0.0012 265000
1:11:00 PM Trade 0.0013 50000
1:10:56 PM -Ask- 0.0013 5000
1:10:56 PM -Bid- 0.0012 5000
1:10:30 PM Trade 0.0013 10000
12:45:24 PM Trade 0.0014 100000
12:44:16 PM -Ask- 0.0014 5000
12:44:16 PM Trade 0.0014 60000
12:44:12 PM -Bid- 0.0013 5000
12:27:50 PM Trade 0.0014 80000
12:07:30 PM -Bid- 0.0014 5000
11:50:50 AM Trade 0.0013 20000

today's volume: 2,525,000 on 13 trades


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