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shooterkc

07/01/10 2:30 PM

#17679 RE: 91Caprice #17678

I don't think anyone is putting the company down. There isn't much to put down anyway at the moment. I think people are wondering why, after something seemingly good like PS current status, the volume isn't higher? I think everyone understands that there hasn't been a PR so most probably don't know that PS has been updated, but this is the lightest volume this has had for a bit now. I don't think anyone is putting it down though.

Pretty obvious that MM's are playing stupid games. There hasn't been a sell, but the bid/ask just downticked. That's the biggest problem with pinks, mm's screw everything up.
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Gutts2318

07/01/10 2:36 PM

#17680 RE: 91Caprice #17678

Agree. Stop buying at bid.

I could understand if people are buying 10M. Yes, a tick will add many shares. However, if you are just adding in, then might as well slap the ask. If you own 48M and buying an extra 1M. Obviosuly, you don't care about the extra 20k extra of share if you buy at bid. Overall picture would be 1 tick up = $4.8k vs 20k which cost $20.

Unless you have 1M or less, then 20k extra is a big deal. But remember this, keeping MMTE down will end up just killing its MOMO. You rather have your 1M at .002/3 or keep trying to get that extra few share at .0008?

shrug