BIH Corporation (fka BIHC)

[coaldollars]

Interesting Yahoo posts for discussions??

MM trigers computer sell limit orders.002 12-Jul-08 01:39 pm
IN a panic to grab shares last week, IMO the Market maker dropped the Price to .002 with a 5,000 share order to trigger all computer sell limit orders set up in the system to sell!

BIHC IS A BUY in my opinion and this shows me how bad the MM wants our iNvestor shares!
INvestors do your own homework and get your own opinion! ~~$$$$$


Re: MM trigers computer sell limit orders.002 12-Jul-08 04:02 pm
No probably like usual data entry error it happens. Someone entered an order to sell at .02 and made it .002 by accident. MM's took that in seconds before seller caught it. Not much you can do. I did an error before not as bad but once order went through its done. I argued with etrade at the time but they would not undo it.

Re: MM trigers computer sell limit orders.002 12-Jul-08 07:05 pm
Ever have the opposite happen? I have
and it was a riot....firm let it stand.

By the way was similar thin shares as bihc.

Just got a though, "If mm's don't have any
air shares to trade or refuse to trade because of liability of getting caught short as in the case of bihc. Can
the traders themselves become as mm's trading
between themselves...say EX: No offers to sell
except at ..09 .......and no offers to buy except
at .07......Would that not mean that the traders
themselves control the buy/sell prices????


Re: MM trigers computer sell limit orders.002 12-Jul-08 08:26 pm
GREAT points on both posts! LOL

Damn, THe crew is catching up!

Better tighten my GRIP! Let's roll!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !!!!!!!!~$