Replies to post #8086 on El Alacran Gold Mine Corp (fka EAGM)

[Wiseman68]

sam any thoughts as to why the unexpected pps surge last week? been scratchin my head on it

[aimgator]

Sam,

No offense but your taking garabage about selling at the ask. I sent the post in the general board not private.
YOu cant cant sell at the ask.Period. All your doing is putting a limit sell order at the price you want. If the ask pps is .0008 (You cant sell you shares at that price...thats the price the MM is selling to the retail shareholders.) The MM makes his money on the spread. Buying your shares at the bid say .0006 and selling them to the next guy at .0008.

You can put your order there for enternity and it would not get any action... unless the ask moves to .0009 and the bid moves up to .0008 then your limit sell will go through.

You stated in a past post of all the money you would have made selling at .0008. You never could have sold those shares at that pps. Impossible.. that was the ask..the HOD. I know because i sold shares on the rally... the best i could get was .006 and alittle in .0007 thats it.

But puting a limit sell order at .0008 your just letting every MM know that your trying to bail the minute they uptick.. if there is no demand for this stock..they wont..unless they put a disgusting spread...

No MM is going to pay you the retail price for the stock. period.