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finbar99

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finbar99

Re: RBKissMyAs post# 8602

Wednesday, 07/17/2013 2:45:22 PM

Wednesday, July 17, 2013 2:45:22 PM

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>>The trap is the bid/ask spread and all the MM has to do is keep jumping ahead of the ASK by .0001 to keep it from going higher. It goes where the MM's say it goes.

The spread is a trap for the unsuspecting. Believe me, the MM would love to see the ask go higher - they'd sell it .0013 by .005 all day if they could. The problem for you guys is more likely that they are all licking their chops to naked short you shares around .002 - it's competition for the easy money that is keeping the ask down. :)
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