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S&P 500
5,487.03
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0.25%
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US TECH 100
19,410.40
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0.04%
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Dow Jones
38,834.86
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Post# of 6991
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BillionStack

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BillionStack

Re: waterlogged post# 6758

Wednesday, 07/02/2008 8:26:12 AM

Wednesday, July 02, 2008 8:26:12 AM

Post# of 6991
If you were watching Level II you could see how quickly the price shoots up when the MM's uncap the ask.

Each day after the bell, the ask goes back to .10

Every morning for months, 1 seller or a MM would bring the ask to .08 or .06

As soon as they remove it, as they did yesterday...pop !

Nobody else is going to let their shares go that cheap.
A little demand, and we are in business.
Perfect set up for Maxwell.

Billion
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