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Re: ANTADOG post# 2691

Thursday, 06/17/2010 11:28:03 AM

Thursday, June 17, 2010 11:28:03 AM

Post# of 11873
That are people who still want in @ 2.... my guess it that won't work. Give it some time becouse people will get fedup with not getting filled @ 2 and change there buy order to 3.

I think I might trade a little different. I bought a load @ 2 and put another relative small buy order in @ 2 (again)in case somebody needs to take a dump....


Lets say L2 looks like this

3MM @ 2 bid
1MM @ 3 ask

And some greenhorn decides to dump his shares @ 2 becouse he does not understand how L2 works... Then I MIGHT get them and will have a almost instant 33% if the 3's are pushed over.

Slapping the ask is of the same importance as building the bid.


And the people that did not understand me buying at bid this morning will understand now cause I made a 50% in 2 hours:)

All is IMO. I only trade for myself and I am no financial expert. GLTA always.

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