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Re: Mastercraft6 post# 25699

Friday, 10/01/2010 11:43:07 AM

Friday, October 01, 2010 11:43:07 AM

Post# of 78703
Look at the buy to sell ratio over the last 4 days.

Buys are around 10 to 1, yet, the MM's are not treating the bid/ask as a market, but instead bringing the prices down on LOW volume.

Ie... 3 million shares buys at .0018, and 5000 takes it down to .0016. Even when there are buy orders for .0018 and .002 on the docket.

Today, it didnt go down slowly, it dropped from .0015 to .0011 on the opening trade, and then they took it to .0009 before volume pretty much stopped. Now, they changed the bid/ask to .0009 - .0013, then to .0010 - .0013 and finally .0010 - .0012.

Either they are filling a 'gap' that I cant see, or they want to play a game to scare people into dumping all the way down.

Just some observations.

Argonath