InvestorsHub Logo
Followers 12
Posts 615
Boards Moderated 0
Alias Born 01/01/2008

Re: norkel post# 42

Tuesday, 01/01/2008 1:37:39 PM

Tuesday, January 01, 2008 1:37:39 PM

Post# of 111214
Norkel,

Hi and yes.

For the first 30 days the MM that sponsored the 15c has exclusivity and posts the only bid/ask. After 30 days, the stock is piggyback qualified and any MM can make a market. So at the moment they 100% control the stock.

So the advanatage is with us at the moment so long as the MM is on our side.

If you look at the spread if anyone buys, the pps will rise. If more buying comes in, it will rise again and this is how the MM makes their money when they sponsor a 15c. They will take a position, have one of the officers accounts and make the market go north. Their position increases in value as does their clients. All they need is a little buying and this could go to $1 like it did in August. That would be very nice if they have a large position on stock bought at 12!

My guess is that to make the most of this you get in whilst the pps is taken up by the MM and make your money when the other MMs join on the 13th when the real volume comes in. lso no selling at the moment.

Easy way to prove it is to buy a little which I am now more inlcined to do just to prove the theory!

Hope that helps. Last post as I am new and limited to 3 posts per day at the moment, but I think this by luck could be a real opportunity to make some bucks.