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Re: mikeisme post# 23464

Tuesday, 09/20/2005 2:53:36 PM

Tuesday, September 20, 2005 2:53:36 PM

Post# of 286510
I would guess that it is all demand and supply. If you look at the time and sales it is apparent that we don't have that many larger orders of 500,000 shares +. If we had a few more of them they would wipe out the lower ASK prices real quickly.

If you look at the level II ASK prices, right now (delayed) it is only showing ONE ask at .0032, and only THREE at .0033, and then the next ask is at .0036, a group of 5.

I don't care what the MM are doing, if there is enough demand and people trying to buy at the lowest available price, the price will creep up - unless there are even more trying to dump their shares for some reason.

Does that make any sense?

Steve Nix