InvestorsHub Logo
Followers 3
Posts 1199
Boards Moderated 0
Alias Born 01/19/2010

Re: doncab2 post# 6288

Wednesday, 07/14/2010 6:31:52 PM

Wednesday, July 14, 2010 6:31:52 PM

Post# of 19508
Buying at ASK or BID.

I am really suprised to see that one would rather see someone pay more for stock then they have to. If one of the market makers or a person wants to sell their shares to you at the lower of the two prices, I see no problem in doing that.

Heck quite a few on this board has been supporting that for some time now, actually more like wanting to see to see it fall and then buy in lower. You hear a lot of holding out for when it drops to .xxx, can not blame anyone on doing that to save money.

Bidders here are making this thing go down, more like lack of follow through with the company after all these months and you can see it by hold the stockholders and MMs are reflecting their frustration.

Don, I think if you want to talk to someone for not helping here is to talk to POSC management. Most of the stockholders on here are wanting it to run up, but with lack of support by POSC and their (supposedly partner) Covidien, you are seeing this falling almost daily between 4%-18%.

Message in reply to:

from what i saw on L2, a lot of the buys coming in were below the ask and at the bid. these show up as sells instead of buys. don't want to get into the logistics of it all, but folks, if you're buying a stock and you want it to trend upwards, don't try and buy below the ask. i shouldn't need to tell you what this does. it shows up as a sell for a reason.......you're buying shares at the current PPS or perhaps below it, meaning you are not helping it trend upward and could be helping it trend downward even though you are buying.