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Re: Ferro546 post# 5669

Friday, 10/29/2004 2:13:12 PM

Friday, October 29, 2004 2:13:12 PM

Post# of 36716
Ferro546...please allow me to try to answer. The bid size and ask size are very important when you deal with OTCBB and PINKS. Normally, MMs hide their size by only showing 1(00), 5(00) or 50(00). When a MM shows his bid or ask size that is out number of others, then it shows buying or selling pressure is going on. In another word, desperation...lol

Here are some examples. When I saw there were 999 showing on LII at ask of 0.0003 for LSTE a while ago, I can sense the ask would go down to 0001 very soon, and it did today. The same to NXIA, PALL, ITDJ, and others.

Of course, it is just an info but it helps a lot.

Just my 2 cents.

Peace!

C-Starz

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