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Re: cjstocksup post# 56929

Wednesday, 03/19/2014 1:10:10 AM

Wednesday, March 19, 2014 1:10:10 AM

Post# of 123646
CJ - I disagree. Someone else put a 900K bid wall up at 0.0391 in last 15 mins and the MM ate it quickly. They were seriously attacking the bid! Thats why I put mine up. They would kept eating the bid down and we would have closed at 3.5 cents or lower! like what happened mid day yesterday. We lost ASK buying pressure since MM took over whacking us.

The alternative would to not have sold. Then , the MM would start buying other bid shares no? That 0.0391 bid support fell thru which is why they went after my bid of 0.399. I am not flipping - i tried to put up bid support. Am i correct? or would have been better not to give anything to MM?