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Re: Stayahead post# 127981

Friday, 01/28/2011 10:17:10 AM

Friday, January 28, 2011 10:17:10 AM

Post# of 233825
That was my buy - shows a MM game underfoot.

I saw the BID drop to .028, so I put in a BID for 5000 shares at .029 to raise the BID.

Someone decided to sell me 365 shares. What does that accomplish? It knocks my bid below 5000 shares so that it doesn't show on the L2.

I still have 4,635 shares at .029 at BID, but you won't see it.

This is a likely indicator that MM's are trying to drive the BID lower, IME.

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y