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Re: pappy post# 484

Wednesday, 05/23/2012 12:17:02 AM

Wednesday, May 23, 2012 12:17:02 AM

Post# of 530
think about that. If there was a buyer, small sells would NOT drop the bid and the buying at the ask would cause the ask to rise until some supply came along. Your comments make no sense unless you thing the MM's are short selling to help a buyer buy. Why would they risk that? They buy low and sell high like any successful traders.

There is a ton of shares for sale.
The ask is the price they have offered the shares for sale at - that is the MM's are selling shares from those limit order sells ant taking the exchange fees and order flow fees from the broker.

There is no buying pressure. there won't be until the complete inconsisency of this company is cleared up.

Still watching, still unconvinced.

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