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Re: twilko post# 17000

Thursday, 12/22/2011 11:18:43 AM

Thursday, December 22, 2011 11:18:43 AM

Post# of 30974
I've had to argue sometimes, with people who say "Darn bidsitters. They're making the PPS go lower".......I say no. There will always be bidsitters, trying to buy below the going "rate"........It is the sellers that cause the problem, by constantly selling lower and lower. Sure, both conditions cause the PPS to suffer. But it will only continue, while there are people willing to sell, at a never ending bottom level. Since bidsitting will never end, it should be the sellers responsibility, to only sell at ask or higher........So much for my perfect world of trading......LOL.