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Re: MaxPowerLove$Ihub post# 37595

Saturday, 04/30/2011 3:15:52 PM

Saturday, April 30, 2011 3:15:52 PM

Post# of 75593
I saw 2 at the Bid and 5 at the Ask. I'm guessing that there probably is some size with at least one MM on the ask. but I could be wrong and it might be thin. But rest assured, once 5's are on the bid, the bid wacking will probably start. I hope that anyone buying 5's will save some powder for 5's on the bid if it moves up to 5-6 Also there is another scenario. In the past there has been a healthy supply of shares wacking the bid and selling the ask, like the same group of day traders, trying to dominate the pps. and accumulate as many shares as they can. Alot of shares have been sold at .0004 since the spread became 4-5 , but the 4's have held.
If there is a person or persons trying to control the price (other than the MM's as usual) Then they might be running low on shares, and in that case, a decent amount of buying could blow through the 5's and 6's and if that happens, anyone bid sitting had better jump aboard fast.