InvestorsHub Logo
Followers 114
Posts 6221
Boards Moderated 2
Alias Born 04/18/2008

Re: herbieholt57 post# 26207

Monday, 05/09/2011 1:34:06 PM

Monday, May 09, 2011 1:34:06 PM

Post# of 94153
Trade sideways, it fall under the number 400 rules.

penny traders believe that Market Makers (MM) will "signal" moves in advance buy using small amounts of buys or sells as "signals". The "signals" are such a small amount of shares (worth no more than 5 or 10 dollars) that no trader would have paid a commission that costs more than the amount of shares bought. The "signals" are from one MM to another.




100 I need shares.
200 I need shares badly,but do not take the stock down.
300 Take the price down so I can load shares
400 Keep trading it sideways.
500 Gap the stock. This gap can be either up or down, depending on the direction of the 500 signal.