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Re: BoomTime post# 2073

Friday, 05/13/2005 12:23:32 PM

Friday, May 13, 2005 12:23:32 PM

Post# of 44374
PS design: it was am MM closing to get the volume fees. IMO
BoomTime/ design33 ADD on Mentioned the possible troubles with placing a limit order below bid the other day. It works both ways. I think the person that trades 500k, knows what MMs will do, for an order that large below the bid. Why pay bid when you can get an automatic discount, using the system. I'd do the same thing, if I wanted that large of an order closed. Maybe event look for a bigger discount by placing my order lower then he did.


Boom;
Thank you for your kind comments.

I remember the old RS thing. I also had words with Rocky & others, about that. I think, at that time, most were afraid of the facts. We were on the OTC:BB and the exchange move was so far away. Didn't want to cause a panic in the stock they owned, but I'd bet they also expected the RS, just wouldn't put it in black & white.

As always Rocky's RS posts were fact based and he didn't give his opinion. He's a great board mediator because of this trait.







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