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Thursday, March 18, 2010 11:09:16 AM
IS the penny (pinks & BBs) market hot or not ?
except for small hits at (manipulated) Asks by those selling (getting out, that is)
and MMs (who are shorting at Ask during ANY buying pressure), IMO.
If any of you traded at the turn of the millenium or in 2003-04
then you know what I'm talking about ....
Not only the money was coming in (which it is NOT right now)
but the MMs were going LONG also.
and when NITE goes long, it's easy to make money.
IMHO, NITE has been shorting recently.
They control 80% of this market and that's (shorting is) mostly how they can make money at THIS time, IMHO.
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