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Re: needdiamonds post# 294640

Thursday, 05/15/2008 10:31:33 PM

Thursday, May 15, 2008 10:31:33 PM

Post# of 315347
Needdiamonds, the no bid only means that there are no MMs who have customers that want more shares than the MMs have in their inventory.

Therefore, the MMs are not willing (and don't need) to bid for more shares. They have plenty in their inventory, which they purchased for well under .0001.

Conversely, there are are still some fools (sorry, I mean investors) who are willing to buy new shares from the MMs.

That is why Sandy is still able to dump.

What goes around . . . comes around.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y