Health Sciences Group Inc (HESG)

[wylder111]

can i post your pm? i think that's the only explanation i've heard so far that makes sense.. or the only explanation at all..

pm from supa giving his angle on the the buys/sells fiasco:

It works like this,

Someone has a limit order to buy at an ask of .0003. At the same time, someone wants to sell some shares at .0002. The MM is going to buy the shares at .0002 (making a market) and sell them at whatever price that is .0003 or lower. The MM's make money on the spread so they are going to make profit regardless. The dilution that is happening (that most won't admit) comes fast and furious at the bid so MM's can't really fill buys at .0003 when numerous sells are going through at .0002 because they have to give you the best price, hence anything LOWER than .0003 such as .00025 or .00029 etc. This is one of the MAIN reasons the bid usually stays strong until a day of massive dilution because the buyers at .0002 (the bid) aren't getting the shares, the MM's are. And as far as I know, they have no obligation to round up.