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SRV-90

10/26/10 3:46 PM

#19476 RE: dutchinvester #19475

It's a speculative myth where 911 means news coming..

It's something tossed about the internet saying market makers send signals to each other and that is supposedly one of them but it's never been proven.

I've known people to deliberately buy that many shares to see the reactions of other posters.

@itsfinest408

10/26/10 3:47 PM

#19477 RE: dutchinvester #19475

People say that when you see a 911 trade. Its MM's telling each other that News is coming out soon! Thats what people say and there is No actually proof if that is true but ive seen it before with other stocks! We will just have to wait and see for ourselves to see if its true or not. It would be SWEET though if we receive news tomorrow though! =) $P$

shiloh

10/26/10 3:58 PM

#19484 RE: dutchinvester #19475

If you see buys of:

100 > I need shares
200 > I need shares badly but dont take it down to get em
300 > Take the price down to get shares....
400 > Trade it sideways based on Supply and Demand
500 > Gap one way or the other, usually to the direction
of the 500 trade. Sometimes -if in the middle -keep the price right where it is
911 > News incoming

delta_penny

10/26/10 4:04 PM

#19489 RE: dutchinvester #19475

From what I've experienced (which is little), it's MM code for "information" (news) coming soon. From what I've seen, if you see the 911 trade on L2 near closing, the following day there should be news coming out. That's all I know. I've seen it before when others with L2 (I don't have it). Just my opinion based on some trading experience.