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Re: codie post# 37475

Friday, 07/20/2012 4:15:06 PM

Friday, July 20, 2012 4:15:06 PM

Post# of 80868
You can't slap the ask....because somebody is very,very, very desperate for shares.

I was trying to buy at .0165, but couldn't...

You see when you buy the ask when somebody is desperate for shares they push it down further to get the shares back that you just bought from them.

So until this hits a certain PPS....NITE will be forced to push it down everytime you buy his shares....that is until he has enough...and my guess is NITE wants atleast another 10 million....maybe more?

I've said it before; I'm new to trading (first ever was Feb'12), but not stupid.

Dislectic, but not stupid.

Why was the bid 10X heavier than the ask?