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Re: Coopermun post# 27933

Monday, 01/05/2009 7:51:48 PM

Monday, January 05, 2009 7:51:48 PM

Post# of 86719
Exactly right. You know as well as anybody. Maybe everyone should call their broker to demand their bids be displayed. It has gone on for far, far too long.

At the same time, let the board chew on this one. A large order went in to buy as early as today and it would not take out the asking price and it did not move the share price up. The customer called in screaming why no shares were being filled nor was the bid price moving up to accomodate the order. A response came back that the market maker was calling around looking for shares to fill the order. The order expired unfilled. Calling around to find shares to sell? Are you ph*cking nuts with that? Luckily that conversation was taped and the market maker in question documented.

On a totally related note, the top inside bid was totally ignored and the asking price was dropped a full half a cent BELOW a rather sizable bid on the stock. The MM starting filling the shares of that block bid a half cent lower and the broker price appreciated the trade for him.

Think about it. At that rate over let's say 2 years, you could get a stock to oh, I don't know, hmmmmm, .17 maybe? Keep it up across the entire market and every stock would be .0001. Of course, nobody complains because all they do is sit on bids and wait for cheap prices.

Well they are complaining now.

Welcome to your totally fair and non manipulated market where pure supply and demand rules the day without any interference. I shall thank everyone to not waste our time weighing in with any opinion to the contrary. It only makes them look even more foolish.



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