Replies to post #164365 on Spongetech Delivery Systems, Inc. (fka SPNGQ)

[cashdenuts]

Yes they have, they move up bid which in return is cause the frint runners to move up. They might not be buying, but they are forcing the others to buy to keep shares from them.

[macklacrosse]

I don't have level 2 but it sounds like AYME is the Marker Maker buying back shares on behalf of the company- when buying back shares from the open market,a company can only purchase shares at prices less than the highest non-company bid of a given day. Also, a company buying back shares can only use one Market maker when buying back securities. From what i have heard on this board about the trading patterns of AYME, i'm pretty sure this is the company buying back shares.