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Re: None

Friday, 08/13/2010 11:03:03 AM

Friday, August 13, 2010 11:03:03 AM

Post# of 111214
When people say 'slap the ask' they're not just saying it to sound smart. The reason is that if you put an order in low - around best bid or lower -- the mm's will gladly fill you short. Then the next guy says, "oh i want a deal too." So the mm's fill him low and short more shares. Then finally when the d*mn stock is around .0001, the mm's are happy to start buying back the shares they shorted.

We're playing a different game down here in the gutter. Stop trying to get a deal when anything below .50 cents is a deal. imho. eom.

Finally a legit fortune cookie! I received it at a Vietnamese restaurant in Jan 2010...Anyone in Monk's Den can claim it!