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sashex001

07/01/09 7:51 PM

#1488 RE: satelliteguy #1487

I am not going to disagree with you as you have a good understanding of the market.
You might want to read up on FTDs.
http://failstodeliver.com/default2.aspx
type in CTDH.

The O/S here is amazingly small and it is not hard to see what is going on.

MMs can hold on to, delay, and even hide calls. Being stock neutral dose not mean they do not hold shares at the end of the day. What happened here was clear manipulation unless you consider that from the ASK of 0.10 someone decided to sell 30k shares at 40% discount or that someone can afford to sell small orders of 100 shares for 0.06. Who is doing the price squeeze I do not know may be MMs may be a short position holder. But it is parity clear something is rotten in the state of Denmark.

You have a good understanding of the workings of MMs in large exchanges such as NASDAQ. But CTDH is not traded on them it is OTCBB the Wild Wild was of investing.

Finally I was extremely frustrated when for a days I had an order to buy at limit 0.08 the ask stayed at 0.08 and the bid stayed at 0.075. Now dose that sound on the level?
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mayjaleauge

07/02/09 8:58 AM

#1490 RE: satelliteguy #1487

please expand on how ya think these MM's are working the PPS of CTDH