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pappy

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pappy

Re: tmonkey post# 483

Tuesday, 05/22/2012 5:32:33 PM

Tuesday, May 22, 2012 5:32:33 PM

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I think the MM is keeping the pps low in order for someone to accumulate shares cheap.

I have noticed the bid dropping on a small trade while the ask usually doesn't rise after a large buy @ the ask.

If the CEO has plans of taking WKBT private he would have to offer investors higher than the current pps.

If beforehand he has someone buy up cheaper shares his cost would be reduced when he finally makes a offer.

I had a $0.27 bid for quite a while that wasn't getting filled even though shares were selling well below my bid.
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