Replies to post #522 on JNS Holding Corp (JNSH)

[CSykes]

First off, look at the T&S this is all happening on very low volume. A few daytraders buying it at the bid and selling on the ask.

Also for what it's worth. I know that the MM's are creating a market but there realy is no bid support. I just put in an order on the bid and got filled as soon as somoene sold. That tells me I was the only person on the bid. After I got filled the MM down ticked.

What is happening is inexperienced traders are seeing the price drop. They are trying to sell on the bid but not getting filled. So they panic and drop there price more. Then someone comes along and places a bid and it fills to the lowest bidder.

It's not MM's manipulating the market or some freaky voodoo stuff. There simply is no bid support and thats why it's falling. I bet if somoene came along with $10K and bought on the ask this thing would pop back to HOD.

Char