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SirFelix

01/02/08 4:12 PM

#22122 RE: Ellington #22121

The MMs must be light on shares because they aren't making it easy to buy shares. The other day the stock's ask sat at .009 on low volume for most of the day so I put in a limit order for 20,000 shares at the ask and immediately the ask jumped to .011 and my order never filled the rest of the day. Posters claim dilution is a problem, if so, where are the shares?
A <$200 buy order capable of holding the price up says a lot.
I'm not one to accuse MMs of playing games but they sure are taking advantage of spread and scared sellers.