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Re: crynik post# 17525

Thursday, 05/17/2012 12:18:15 AM

Thursday, May 17, 2012 12:18:15 AM

Post# of 85839
What your saying goes with what I am thinking. mm control the bid and ask to a certain level. They will only buy an amount of shares from a group of investors they are sure they can sell to another group for much more. Their profit is called the spread. Since this 16,000,000 shares was obtained at the end of the market day by the mm, it means it will have to be sold to investors at an ask greater than 0.0022.

The only logical conclusion I can make is that this MM was tipped that some really good news is coming, today or Friday or latest Monday. If anyone supports my logic, give me a thumbs up smile
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y