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AXE_EVERYTHING

08/26/14 10:25 AM

#45049 RE: AXE_EVERYTHING #45046

This is a perfect example at .0019,

if you want the stock to go up and you are buying on .0019,
you are the very person that is hurting the momentum of the stock,
if you buy on the .0020, yes, you are one tic more expensive - but the buy signal you send to the world when you buy on the ASK is that you are a believer in where this is headed and you are making your purchase push the stock forward . . . .

when people look at a stock they are always looking at the amount of ASK buys to see where the momentum is going - today we are just a little bit heavy on the ASK side so far - but if all the people getting in, would have hit the ASK and not the bid - you will most likely be 3 to 4 tics higher . . . .

so you newbys out there, you really are not getting anything cheaper by buying on the bid, because you are the reason why it is taking longer to rise in value

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End Game

08/26/14 10:27 AM

#45050 RE: AXE_EVERYTHING #45046

If a person is selling into the bid...they don't really care what the price does afterwards. In fact most would like to see the price fall further after they sell. Professionals buy on the bid. I pattern myself after professional hedge fund investors and almost always buy on the bid. The price will move to fair value over time. We can't control the market makers...so we might as well use their action for our benefits. Retail buyers trying to orchestrate a push up in price, by buying at the ask rarely works. If you want the shares badly and don't want to risk not getting in...then it's smart to buy at the ask. Otherwise just sit back and accumulate a large position.
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Harry Johnson

08/26/14 10:33 AM

#45054 RE: AXE_EVERYTHING #45046

Welcome to a free market.