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CowboyDennis

05/19/10 6:01 PM

#4973 RE: SpeculativeHoldings #4972

MMs will post a buy/sell as "100 shares" and will print as 100 on L2, however, it's just a trade from MM to MM to signal they need shares.

CD
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$BABA

05/19/10 6:17 PM

#4982 RE: SpeculativeHoldings #4972

The mm's will buy or sell a stock and the trade doesn't look like other trades.... They buy and sell in small lots to indicate to other mm's what to do.

These are some of their signals. I would suggest getting L2 to help you see the indicators. It's code for mm's to buy/sell with each other without giving it away.

* 100 I need shares.
* 200 I need shares badly,but do not take the stock down.
* 300 Take the price down so I can load shares
* 400 Keep trading it sideways.
* 500 Gap the stock. This gap can be either up or down, depending on the direction of the 500 signal.