InvestorsHub Logo
Post# of 89565
Next 10
Followers 117
Posts 7912
Boards Moderated 2
Alias Born 12/07/2000

Re: canes1964 post# 4402

Thursday, 05/10/2001 4:30:58 PM

Thursday, May 10, 2001 4:30:58 PM

Post# of 89565
You know why we do well on these picks?

We have a consorted effort, what MM's really pay attention to isorder flow and if orders come from many different Market Maker firms. For example, when I put in a order in NITE catches all my orders from Price Waterhouse. Now when BB puts his order in, another MM firm catches the order say HRZG. Now at the same time Patsy puts her order in and ALEX say catches her order and so forth. Now this is the difference, if I were to say buy 100K of ICHC at .05 the MM NITE gets my order. He is not worried about filling it and then turning around and trying to cover it on the Bid. Why? Because he can see that it is just one person buying and he is not worried. Now then when all of a sudden many MM's get busy on a stock, they are a little more careful, because they know that if they jerk the stock around too much, there is more chance that one or more of those people may step up and take advantage. Where as if it was just one person buying they know that most everyone is limited to how much they can buy.

For example, I have been buying TDYN to the tune of 50K and in fact with out hardly a sell it has come down a penny. Why, because NITE knows they are just one or two buying in here and they are not to worried.

Bottom line this is great group we have here, and if we stay tight and support each other and find good quality stocks then say If they fool around and lower like they like to do seconds after one of us buy then others can step up and slam them. I am a full time MM hater and I know they hate when they are up against a group effort. I love it when I buy say 50k of something and not two minutes later they lower it to less than what I just paid for it, because I just slam them again. I have the funds to do this but most people don't and this is what MM's count on.

Stick together and we can win, alone we are sunk. The only way to trade on the OTCBB


With trading you must conquer your emotions and be very disciplined about your goals.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.