Monday, February 07, 2011 4:34:09 PM
1) The daily churn in Pink pennies will usually allow you to get an execution within 48 hours if you place your order at the BID and add Good-Til-Canceled (GTC or GTC-60 depending on Brokerage). There is no need to 'slap the ask' as you probably don't have the kind of capital required to truly move the price - and doing so is just 'an ego trip IMHO.
2) If BIG MONEY is really moving in, they certainly have the influence to get the MFMMMs to irrationally drop the B-A for short periods of time as their BLOODY HUGE orders are filled with low-cost Partial Fills.
3) Always check profiles of posters (..me included..) and see if they are someone you really want to give credence to. Regardless of what iHub may tell you, anyone can have multiple Freebie aliases by signing on from PCs at different locations having different IP addresses. After that, they can use all their aliases from a single location to "rah-rah" or "bash" (for pay or group-meddling profits) unless iHub gets large numbers of TOSs and does a detailed cross-check on them.
Long, Holding, Ready to BUY when Mgmt does their job.
ps: Please "iggy" me if you think I'm a basher. I wouldn't want you to get any good advice from someone who was a Charter Member and 300+ Board creator on this system.
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".....According to the Great Pumpkin, ...you're in .....iHub....., Charlie Brown....."!!
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