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Replies to post #110906 on Sulja Bros. Building Supplies, Ltd (SLJB)

Replies to #110906 on Sulja Bros. Building Supplies, Ltd (SLJB)
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browndawg

10/05/06 11:17 PM

#110922 RE: scorpio70 #110906

I have a question along that line. Why is it that the MM's can continiously drop the price at any time during the day? It seems that there is strong buying pressure at the ask, and then the price drops immediately. How does this happen? Do these people (MM's) have that much control?
Why would they drop the price (if not covering for shorts) when there is strong buying at the ask?
In the words of an old rock song "I Really want to Know"
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Jim Bishop

10/06/06 12:04 AM

#110981 RE: scorpio70 #110906

They can use me all they want, there's money to be made on this stock pretty well daily, especially when the spread widens.

Keep watching all those inbetween trades.

All those $100-$300 little profits, just keep on adding up, sometimes multiple times a day, over 250 or so trading days....it can be a very decent living.