Thursday, November 25, 2010 1:28:53 PM
A couple of observations regarding this email you received.
1. On every single order in all of the market, there is a buyer and seller. Someone is buying shares from someone who is selling. IF the order is filled at the BID, it is a SELL. IF the order is filled at the ASK, it is a BUY. I see that your received email clearly states the order was submitted to buy at .0004... well when most of these fills happened .0004 was on the BID, so they would be SELLS. If the .0004 was on the ASK, as you know, then they would be BUYS.
2. It would have been nice to have that order at the ASK. Sitting on the BID with a 50M order is great for support, but when there are no consistent hits at the ASK, MM's create the market where the buys are... and in this case it was on the BID. BID sitting is great for support but it can also work to pull a stock down as MM's look to fill large orders.
3. I love the hype as much as the next guy when it doesn't border on obsession. I think this person is a good guy, but I am not convinced we haven't found one of the stocks big flippers. This is a message board so you never really know. We read lots of stuff here that is flat out false, lies, BS, spin, etc. So, I am not totally convinced that the buying at .0003s and .0004s at the scale we're seeing by the posted BUY orders from your emailer... aren't turning into flips at .0005 and .0006. It would certainly explain the hype. If you are a true long and strong, then you are looking out into the future.... "long" .... and you aren't concerned with day to day trading or restating your case every other bolded post.
I guess I am just saying I remember a certain group letting in their "true" enemies in what was seen as a "gift of friendship"... it was called a Trojan Horse.
Just a few thoughts... Happy Thanksgiving to all the board... and that means everyone.
1. On every single order in all of the market, there is a buyer and seller. Someone is buying shares from someone who is selling. IF the order is filled at the BID, it is a SELL. IF the order is filled at the ASK, it is a BUY. I see that your received email clearly states the order was submitted to buy at .0004... well when most of these fills happened .0004 was on the BID, so they would be SELLS. If the .0004 was on the ASK, as you know, then they would be BUYS.
2. It would have been nice to have that order at the ASK. Sitting on the BID with a 50M order is great for support, but when there are no consistent hits at the ASK, MM's create the market where the buys are... and in this case it was on the BID. BID sitting is great for support but it can also work to pull a stock down as MM's look to fill large orders.
3. I love the hype as much as the next guy when it doesn't border on obsession. I think this person is a good guy, but I am not convinced we haven't found one of the stocks big flippers. This is a message board so you never really know. We read lots of stuff here that is flat out false, lies, BS, spin, etc. So, I am not totally convinced that the buying at .0003s and .0004s at the scale we're seeing by the posted BUY orders from your emailer... aren't turning into flips at .0005 and .0006. It would certainly explain the hype. If you are a true long and strong, then you are looking out into the future.... "long" .... and you aren't concerned with day to day trading or restating your case every other bolded post.
I guess I am just saying I remember a certain group letting in their "true" enemies in what was seen as a "gift of friendship"... it was called a Trojan Horse.
Just a few thoughts... Happy Thanksgiving to all the board... and that means everyone.
