Replies to post #295149 on American Green Inc (ERBB)

[KickolasNage]

It's been like that every time it hits a new low, but the bid always gets taken out by convertible noteholders. Last time it was like 900 million bid at 0.0004... much good that did.

[1vman]

*****BIG BID NUMBERS ARE_MEANINGLESS!!!

Fake Big Orders – One of the best ways to mess with the psychology of the market is to show big orders on a level 2 screen. Big orders on the bid make it seem like there is a large demand for the stock, while big orders on the ask make it seem like there is a lot of supply. These levels can act as mental support and resistance levels for traders using level 2 screens. Market makers know this and can place big orders to move the stock in a certain direction. For example, if I buy 100,000 shares of a stock at .03, and it runs to .04 where there is a market maker showing 5 million shares for sale, I (along with other traders) may sell the stock. The large order may not even get filled at all, however, its presence alone has an effect.

http://upperdivisioninvesting.com/level-2-tip-know-market-makers/

I DO MY DD !!! AND THIS STOCK IS A SHARES SELLING SCAM !


*****ENOUGH SAID***** !

[Pennystomper55]

LMAO!!!!!

That's some funny stuff, with 30 BILLION SHARES.... LMAO!

[KevSil]

The bid doesn’t matter. It can vanish any second.