LOL, no wonder I couldn't get filled... I knew there was a share grab going on! Remember this little exchange...
What probably happened here folks is that some trader put an order in to sell at the market! Those of us who happened to be watching level II suddenly saw all the bids disappear as the market makers withdrew their bids - BEFORE the order hit.
This is the reason Ameritrade won't let us make market orders on the OTCBB... However, this could start a little selling spree. However, our wise longs and traders here... had this reaction, and, of course, some of us were placing orders too, lol.
Posted by: cargo_hauler
In reply to: None Date:1/18/2008 12:51:40 PM
Post #of 17716
We need some bid support!
Posted by: xbigshot1
In reply to: None Date:1/18/2008 12:52:04 PM
Post #of 17719
lmaooooooooo some goober threw up a market order and they took him down to .04............GOOOOOOOOOOD SERVES EM RIGHT
Posted by: chartinator
In reply to: gmfossett who wrote msg# 17051 Date:1/18/2008 12:52:05 PM
Post #of 17719
what an idiot. Longs need to support at the bid
Posted by: cargo_hauler
In reply to: None Date:1/18/2008 12:52:35 PM
Post #of 17719
That's too funny, they suddenly hit a bid lull, and trying to shake out shares - this never works!
Posted by: Braden32601
In reply to: criscros who wrote msg# 17049 Date:1/18/2008 12:52:38 PM
Post #of 17720
right, HUGE spread as MM's in trouble..there were ALL BUYS at .053 pps, and they took it down on 2 tiny sells..too funny..back towards .06 pps here shortly..lol
Posted by: nkisa
In reply to: None Date:1/18/2008 12:52:40 PM
Post #of 17720
I guess some people just lost their stock..
Posted by: criscros
In reply to: None Date:1/18/2008 12:53:59 PM
Post #of 17722
Market makers are out of shares. They are manipulating to free some up from weak-handed investors. Just keep buying and holding. They are on the ropes, keep punching them
Posted by: cargo_hauler
In reply to: monkish who wrote msg# 17072 Date:1/18/2008 1:01:30 PM
Post #of 17725
Bid support coming in... getting ready for the retest of .053, imo.
