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Re: SRT8 post# 10605

Monday, 07/27/2009 6:08:36 AM

Monday, July 27, 2009 6:08:36 AM

Post# of 35926
I know that, DUH? I merely posted what I did because to most Traders looking at the Time and Sales it looks like someone sold 250K at .0013 and then the Bid dropped to .0012, BUT THATS NOT WHAT HAPPENED, They dropped the Bid yes, but they did it on a BUY ORDER, Usually when someone sells shares and the MM's Swap the shares to fill a buy order they list both orders, if that was the case it would have read 2 trades, we see this all the time;

.0013 + 250,000
.0013 - 250,000

But that didn't happen here, that tells me an MM had the Inventory and filled my order, I posted this so anyone watching this closely would know that this paticular print on Friday was not a sell order dropping the bid, they dropped the bid on a BUY Order, to me thats a bit strange, like they are trying to keep this down for some reasoon right now, probably until the paperwork goes thru. The higher the PPS over a given time fram, the more one party makes in the deal which is usually the one selling the shell, the lower the PPS, well you know. Buying normally ups the PPS not the other way around.

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