Replies to post #57499 on Biocentric Energy Holdings, Inc. (BEHL)

[surfstocks]

I'm looking to ump scottrade for zecco, but I have a lot of pennies and I don't want to miss any moves during the transition. Most of my money's in BEHL.

[tikasun]

Setting a high sell ... doesnt this work in favor of MMS for naked short selling contributing to price dropping?

[tikasun]

These are two different answers to what MMs can technically do if a sell order price is too highly rated on a day|GTC basis.

Question: So, if you have a share base below .002 and leave it long till over $1 before putting in a sell order, would that share base still be technically advantageous to MMs? Thx

1) tika; I'll leave that 4 MrFence to answer but 4 my part , I'd think that your -.002's would be obscured w/in the O/S & not be a factor or anything the MM's could bank on (like a forward-looking GTC sell order 4 instance).

2) Shares held tight become a part of your brokerages reserves. A small regulated fraction is made available for retail short sales... theoretically not enough to throw trading out of balance but rather offer liquidity to the issue which is supposed to be a good thing.

So no advantage would be given to MMs by holding them without out an open order. Also helps keep FTDs to a minimum IMO.

With an open order you're showing them your cards before you play them and/or making them an interest free loan to boot!

Technically we should all order delivery of our shares but that's not the SOP for most traders or brokerages today.

So what it says is ... Dont give MMs shorting opportunities by letting them use yr long outstanding 90GTC sell order. This would technically have the SP drop less than usual.

[surfstocks]

i have to apologize to everyone, i called scottrade and we figured out the problem, like an idiot, i put in a sell for .01 instead of .1....i apologize to scottrade too, although they still suck for blocking me out of ldsr,htds, and a bunch of others.....i'm just glad they didn't fill the 100k sh at .01. and bashers don't worry, i'm calling myself an idiot,lesson.... really pay attention to your orders.

[tikasun]

Do you see anywhere an indicator in the comments specifically pointing to margin accounts ? I have a cash acct too but when I posed the question I wasnt asked abt cash or margin.

[tikasun]

Issues? Sure .... DONT THINK SO !!! Keeping yr shares in the background until target price shouldnt give any MM fuel to feed on !!

[tikasun]

Maybe this doesnt count for a few days ahead. I was addressing GTC with an open order for weeks. I didnt know what you meant by 'it can take awhile' but if its only two or three days ahead, I would too.