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m0m0mey0

01/12/07 5:33 PM

#1084 RE: xZx #1083

It just shows me that UBSS's ask at .0033 was one of those bogus tester ASKS. You know, the kind where you try to buy at the ask, and they give you 5000 shares, and move the ask up, and take your commission and never give you a real fill.

A move like that also shows that it's purely the MM on the ASK, and not a retail order, because no retail seller who wanted to sell a real quantity of shares would yank the ASK up at the first tiny sign of buying pressure. So it definitely verifies MM games.

That move I did ended up causing someone to get excited and pay .0034 for some shares a mere seconds later from CLYP. Needless to say, it's a way to make the game playing MM's move the ASK up without paying commission, rather than all of us sitting there watching the MM's try to psyche people out into selling their shares for dirt by artifically lowering the ask on $20 orders, making it seem like people really wanted out.

At this point, the best buying pressure we're going to see is going to come when we start seeing some upward PPS movement. Also, the last thing I want to see is the PPS move upward fast on low volume with news. I'd rather see the PPS slowly move up every day before the great news hits, and calling the MM's out on their games just might be one way to achieve that.

And yeah, I know AON orders are tough fills in pennyland. My point is, they can have specific value if used right. I didn't really want the fill (much less a partial fill), since I already bought plenty this week, and will continue to buy more next week from fools that like to sell for dirt.