InvestorsHub Logo
Followers 19
Posts 555
Boards Moderated 0
Alias Born 01/02/2006

Re: TJ2369 post# 78668

Monday, 10/24/2011 12:44:32 PM

Monday, October 24, 2011 12:44:32 PM

Post# of 371901
TJ, are you saying person A is putting in low offers (which they don’t want to actually sell) or enormous size offers (which they also don’t want to actually sell) so holders will think the price will be going down or is capped, and so will sell to A at the bid?

Here is the recent activity:


MM Bid Size Ask Size Comment

ETMM 0.0260 5,000
ETMM (me) 0.0260 100,000
The .026 / 5000 disappeared with no fill
ETMM 0.0263 5,000
ETMM (me) 0.0264 100,000
The .0263 / 5000 disappeared with no fill
ETMM 0.0279 1,107,000
Changed a few minutes later to .0275
ETMM 0.0275 1,107,000
Changed a few minutes later to .0274
ETMM 0.0274 1,107,000
I’m no trader, so at that point
I decided to cancel my bid. Now it’s back to
ETMM 0.0270 5,000