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Re: slob post# 18826

Friday, 08/19/2011 1:46:57 AM

Friday, August 19, 2011 1:46:57 AM

Post# of 52845
I like the paragraph that states an MM will use fake order sizes to intimidate traders to run in the opposite direction.

Imagine if when the bid collapsed twice in the last seven months, the MM's thought it was over for GERS, so they started to sell them mysterious air shares that people talk about. Then out of nowhere there's a PR announcing deals with all these large entities like Sunoco that will continue to allow the company the move forward in the completely opposite direction than the MM's had anticipated.

What would the MM's do then, would they create a huge fake wall at two and sell some one's every so often to keep people bid sitting? Lol, that would be crazy, especially considering that's exactly how this has been trading.

Joe