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Re: Vianna post# 157576

Monday, 08/30/2010 10:58:50 AM

Monday, August 30, 2010 10:58:50 AM

Post# of 221872
L2 is not always 100% accurate. Don't believe on it if you don't see a no buy or no sell (whatever the case might be). watch this video about how Level-2 could be manipulated... you guys will understand more :
.

Two weeks ago (a day after when FFGO had no bid), I placed millions of buy order @.0001 (but with Scottrade, nothing would show up on the bid. or sell), however, my bid order didn't show up on the bidding side of the L2. On that very same day, I had many buy order filled & my email was filled with many diff. partial buy-order msg. from my broker...fortunately, I still have some left to prove it: Scottrade, Inc.
Intra-Day Trade Notification - August 16, 2010

"Dear Client:

RE Account: *****122

Trade Type: BUY

Security Symbol: FFGO

Quantity: 4000000

Price: $0.0001



The above notification is subject to modification according to the rules of the exchange.

Thank you for your business.


All e-mail sent to and from this address will be retained by the Scottrade corporate e-mail system and is subject to review by someone other than the recipient. E-mail transmissions may not be secure; contact us at 1-800-619-SAVE for more information."
-----------------
"Scottrade, Inc.
Intra-Day Trade Notification - August 16, 2010

Dear Client:

RE Account: *****122

Trade Type: BUY

Security Symbol: FFGO

Quantity: 1900000

Price: $0.0001



The above notification is subject to modification according to the rules of the exchange.

Thank you for your business.


All e-mail sent to and from this address will be retained by the Scottrade corporate e-mail system and is subject to review by someone other than the recipient. E-mail transmissions may not be secure; contact us at 1-800-619-SAVE for more information."



So, there could be hidden buyers out there, trying to keep thing quiet for now...

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