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Re: None

Thursday, 04/07/2011 6:31:28 PM

Thursday, April 07, 2011 6:31:28 PM

Post# of 32960
Let me tell you all a fact about MM's and pinkies.
and it applies to ALL stocks not just UYMG like
the writer of that article would have you believe.

When news comes out and buying pressure gets strong
MM's run the bid and ask up in tandem and with a small
spread. AS SOON AS BUYING PRESSURE SLOWS down a bit
they will widen the spread of the bid/ask to deter more
buying. Now they have to buy back shares that they've
sold at a higher price so they start walking down the
bid on low, low volume. They are in no hurry to buy
back the shares, they have all the time in the world
because most pinkies don't make it.

don't take my word for it, just pick out a few and watch
the action. it happens every day, over and over. It's
the way they have their computers programed. They could
care less about the fundamentals of a company and will
only cover when the buying pressure becomes relentless
because of value.