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Friday, June 24, 2011 9:55:17 AM
Since the MM's control the buying, selling, and posting the bid/ask prices. And often their is no bid or ask, and yet we know that there are orders NOT showing.
What do you make of it when a sale of 200 shares goes through at .01 first thing in the AM?
Is this a retail sale by people holding way too many shares or is it the MM's?
If this is a retail sale, how in the hell can an individual accomplish selling below the bid to bring the price down????
Now I do believe that some lucky retail buyer got those 200 shares, but I do NOT believe they came from a retail seller.
Linda, could you please explain this?
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