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Post# of 64649
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tushiecomplete

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tushiecomplete

Re: juba22 post# 25128

Tuesday, 10/29/2013 4:11:51 PM

Tuesday, October 29, 2013 4:11:51 PM

Post# of 64649
So closing, with your help, at .0545 is something we should rejoice in?

Wait till tomorrow, when someone like you, wants to buy at .05, and sits on the bid all day, and gets filled. Then the day after tomorrow, someone wants .045, sits all day and gets filled.

How will your .055's look then?

If there are enough bid sitters, they can drive the pps down, but it can keep going down with a whole new batch of bid sitters. The supply of bid sitters actually never ends. We could easily go back down to the low .04's just with bid sitters plying their trade.

I guess that's ok, but totally unnecessary.
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