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otterman

01/16/08 10:43 AM

#2969 RE: tothe #2954

for $880 you could buy up all the avalible shares the MMs have

Not likely. What this info shows is what is available that is currently posted on the market right now. You can bet your bottom dollar that most MMs have shares waiting in the wings. If you hit the ask, they will just reissue the same orders to fill any gaps left open. The best result will be a temporary rise in PPS IF the MMs are not paying attention or dont have their orders set in their software to place additional orders. Why do you think the B&As change and orders refill the way they do.

Everyone who plays the jr markets should know and understand this.