InvestorsHub Logo

TJG

Followers 605
Posts 27720
Boards Moderated 3
Alias Born 06/20/2007

TJG

Re: gail post# 11431

Tuesday, 04/28/2009 8:22:09 AM

Tuesday, April 28, 2009 8:22:09 AM

Post# of 34072
No gail they do not have to "eat" up the 0001 what has to happen is there has to be "support" for any bid, weather its 0001, 0002 or what ever...investors are the catalyst that move stocks...its a very simple process...if the investors "eat" 0001 then the MM will keep it there...simple reason this..they are paid on sales...or volume if you will...if you stop buying at 0001 and wait...let it sit and then when news comes investors buy at the ask..the ask will move...but if news comes and the only way for an MM to make money is to sell the 0001 they will and the stock sites...You do not EAT any PPS weather it be the ASK or the BID...you buy and support both but if you are simply going to sit and eat or bid whack then the stock is doomed...look if people had pulled those buys at 0001 when we had two days of 75 million plus volume, then the brife one sale at 0003 would have stuck...but there was enough bid whacking to push it back down..the MM are here to make money and they are not going to help us out..we have to do it ourselves....if someone is telling you that eating up a bid is a good thing..there may be more to it then just conversation...remember you support the bid...but people must buy at the ask on the majority for a stock to move...we did not get a boost on major news..and the Europe contract was major news for a trip zero sub penny..yet the buys at the bid kept us down...trade smart people and you will make money..real money...if you are satisfied with a hundred bucks when you can get 500 then keep hitting that bid...

Gail this is not an attack, just my opinion on what street may have told you...thanks.