InvestorsHub Logo
Followers 108
Posts 12847
Boards Moderated 1
Alias Born 06/07/2006

Re: None

Friday, 08/03/2007 9:25:18 AM

Friday, August 03, 2007 9:25:18 AM

Post# of 38908
Ok .... I'll summarize yesterday what happened right after the PR was released, for those that wonder why this stock didn't go up! The MM's were not executing orders that hit the ask at .0006 or even .0007 as some tried (read yesterdays posts during that time). At that time the bid and ask was .0005 x .0006 Sure they let a few go through at .0006, but when someone eventually sold at the bid (.0005) they were more than willing to accommodate those transactions instantly. Than a few more sells go through at .0005 and soon everyone dropped their buys for .0006 and lowered them to .0005 and the MM's walk it down. This stock can't go up when MM's won't let the transactions go through! Everyone that was here yesterday witnessed it, but almost no one talks about it!

I have never witnessed such blatant MM manipulation in my life. What a great stock this would be right now if we didn't have MM's. Personally I don't see a need for MM's at all. With the current rules in place they can completely control a stock any time they want. What a fricken joke. And what is so amazing to me .... almost no one even seems to care, lol

Vagabond




ALL posts are for amusement only and should never be construed as investment advice.