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Re: FoodStamps4stocks post# 2179

Tuesday, 10/23/2007 1:30:33 PM

Tuesday, October 23, 2007 1:30:33 PM

Post# of 35619
What is happening to the price right now is exactly what I am talking about. It causes a ripple effect. They posted your buy as a sell, because they short sold it to you. Then that scares actual selling by others who think that your buys are sells. They think that the stock is selling off and then they sell. Mm's then get to cover the shares they sold short to you at a lower price. So, they don't lose, you and the rest of us do. Most of the time, people think buying at the bid is good because it saves them a few dollars. In the long run, however, it actually causes losses in the time it takes to run the stock back up. The best thing to remember is to buy at the ask