Replies to post #21955 on Native American Energy Group Inc. (fka NAGP)

[The_Bull]

SBSH is the playa so to speak (someone has a list of who they actually are) , SBSH is not an individual like me or you, I believe the 5k or it could be 100k depends on what option they go with for example if SBSH wants to buy up to XXXXX shares then L2 only rounds things up they will not show 2345 shares to buy from SBSH or NITE etc...... that is also why when you see several customers to sell shares, say 4-5 on the ASK at .001 it doesnt mean that if you add up all those shares that they have to sell that many, again it is rounded up. I have seen 100k take out several on the ASK before. and it looked like we would have stayed there all day. I am not an expert if someone else has a better explanation then go ahead.

[Rhubarb]

in the slimepit of pinks which lack the transparency of other markets
the MM's do not need to state the full quantity of there intent
in the bid and ask prices.

Simply put the 5k or 10k blocks you see on L2 are simply minimums,
it by no means proves they only have 5k blocks to sell (but sometimes its exactly that)

it is a reflection of the lack of transparency in this market.

And is one of the tools allowed to them to maintain the corrupt market
By the same token, if you place an order, they by no means are
required to display it,
Sometimes people do try calling in top their brokers
and request that their order be displayed in the market place,

"This aint the TSE or the big board"
but the one that makes me curious is this one

MM ID Ask Size Time
AUTO 0.0000 -1 09:30:01


wtf is that