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Re: None

Thursday, 08/13/2009 9:43:24 AM

Thursday, August 13, 2009 9:43:24 AM

Post# of 1266
I find it very interesting that EVERY day, NITE has raised the bid a little, slowly accumulating shares when they can entice someone to sell. Pretty much EVERY sell order at the bid over the last few weeks has fallen into their clutches and yet they feel the need to raise the bid to pick up more. Why is that? BTW, I also have noticed how quickly NITE scrambles UP on the ask, sometimes with a very small tap. It's common knowledge that NITE tends to monopolize the spread, whenever possible, but it's VERY unusual for them to creep UP the bid, rather than slowly LOWER the ask. In most cases, they accumulate shares lower and lower on the bid and lower the ask, STILL profiting from the spread AND manipulating the PPS downward. In THIS case, the don't seem willing to SELL shares lower, BUT they are willing to BUY shares HIGHER each day. BTW, they are sharing the ask with DOMS, which means they might not even be willing to sell shares at .018, but instead will let DOMS fill any buy orders. Interesting. These are just some of MY personal observtions and MY opinion only.

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