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vantillian

09/08/09 2:19 PM

#22556 RE: bobentley #22555

Every transaction is a buy and a sell, bob. Some of the transactions occur on the bid side, some of the transactions occur on the offer side.

It is incorrect to think of some as buys and some as sells.

They are ALWAYS both.

And we are churning ourselves a higher base to blast-off from now. We churned between .03-.04 for several sessions...now we are churning between .06-.07. I don't know how long it will take...but if the retail pikers can't figure out what is going on here and what is about to go on here....then that's their problem!

bkbirge

09/08/09 2:20 PM

#22557 RE: bobentley #22555

I'm not too worried about the intraday action. The trend for this is up, and whatever games the MM or whoever play just delay the inevitable. That assumes no games with the share structure of course, but the TA is open and the latest structure is unchanged.

Ajake56

09/08/09 2:24 PM

#22559 RE: bobentley #22555

I disagree with you. Buying at the bid (as listed on L2) happens all the time. That might be some MM's ask though, as they do not have to post their bids and offers if they choose not to. I've bought plenty of stocks at the showing bid price. Happens all the time bud. Manipulation?? You bet. They can run this up a penny or two day in and day out. It's the market. No body is making waves over it.


Remember, it is just a fee and a profit from a spread for them. They could care less if we are undervalued, overbought, oversold, pink or purple. It's just a generation of fees and profits.