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Re: JohnnyBlaze post# 7238

Tuesday, 02/25/2014 7:00:15 PM

Tuesday, February 25, 2014 7:00:15 PM

Post# of 12369
if i remember correctly.......they have like one guy as head market maker for like maybe 50 penny stocks.....so they simply arent active until there is a newsplay or "in play" moment where they can act like the book keeper and match buyers with sellers to just make the vig <spread> profit..........once this becomes active their out of the money spreads will be meaningless as active spreads that day come in.

it is them who chiped away 150 shares on someones open order just to discourage them for upping ahead of their bid by .02 pennies.......if you want to see a full execution you have to place a limit order in between their bid and ask