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Alias Born | 12/02/2011 |
Wednesday, February 22, 2012 11:02:38 AM
I'm not upset that someone is trying to get 500,000 shares @.0021, because my guess is its a long and will hold those shares. Now if this was flippable, which it's not right now, I'd say don't let them pickup those cheaper shares, only because we wouldn't want the flippers taking control.
Yesterday EOD paint for 10,000 (not 500) shares brought the close up 3 ticks, the MM's allowed this, don't think for a second they didn't know it would happen. I really don't care if this drops during the trading day so other can pickup shares on the bid, it's where we close that matters more.
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