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Re: mattysimone post# 403

Monday, 01/26/2009 9:09:28 AM

Monday, January 26, 2009 9:09:28 AM

Post# of 454
are you asking what MM`s mean?
market makers. the ones that make the trades for us. level 2

currently there is 1 MM at .05, then 1 at .054, then 2 at .07, then the next 1 is at .15.
so if those selling their shares in the .05`s cancel or sell their shares then the ask would change to .07 unless new sell orders come in. if the .07`s cancel or sell and no new sell orders then it would hit .15
most likly new orders will come in. i had a sell order at .085 for half of my shares and i canceled it.