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Re: Outlaw18 post# 18307

Tuesday, 12/13/2011 10:40:28 AM

Tuesday, December 13, 2011 10:40:28 AM

Post# of 37818
In some cases, yes, bidding on the ASK will support a raise in PPS, in this case the MM's are trying to lower the PPS to fill their shares cheaply. So, by building a buffer in between the bid and the MM's, helps keep the PPS from dropping.

I've done both today, placed a buy lower than the bid as a buffer and bought shares at the ASK to help sustain the PPS.

Hope that helps in plain english. Some one else can explain the technical aspects of it all...!!!