InvestorsHub Logo
Followers 26
Posts 3083
Boards Moderated 2
Alias Born 04/07/2004

Re: janice shell post# 83286

Friday, 08/20/2004 7:22:49 PM

Friday, August 20, 2004 7:22:49 PM

Post# of 358440
if the MM is only buying the size he's posting he would be forced to retract his bid and move down

none of the MMs ever moved off the bid, if it was a large market order it would have all filled @ .0003 - there were 14 market makers bidding for that stock. They could have probably handled a couple billion shares before moving down to .0002

those .0001's are very strange and were NOT retail

No investor in their right mind would sell @ .0001 - nor could they. This was most likely MMs trading between themselves. Now the question is why would MMs want to make things look so bleak??

hmmmmm....
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.