Circa Pict. & Prod. Co. Intnl Inc. (fka CPPD)

[islandboyz]

A GTC at .0024....


After watching L2 on QBID enough to have a friggin bachelor's degree in it, I have come to the conclusion that most of us screw ourselves when the market is not favoring pinks.

The ask will be at say .005 and we will put our orders in at .0045, .0044, .0043 etc to get OURSELVES a deal. So the MM's see this and without much buying pressure they will jump it down a couple of tics and see what happens if not much buying comes in they take it down a couple more tics until we continually lose % everyday. ie: .028>.0029
If you were a MM and you knew you could short it at .005 and cover at .0045 WHY NOT? DOH! And all we do is help them...
When the market turns around we fly again! IMO get filled before it happens!
No worries mate.
Aloha