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rufustherat

02/09/11 11:22 PM

#16287 RE: Lord DarkHelmet #16286

True,

No wash trade was needed for this pig. The ask was $0.025 and no bids, which meant that no one wanted to buy this stock at any price. Putting a limit order at $0.001 was all that was needed to push it over the edge. Some poor sucker/s wanted to sell this stock today so badly that he put a market order in desperation as he was unable to gets any bids at all. He probably expected to make at least $60 bucks for 6100 shares, but ended up with a total of $6, and worse, probably lost money after commission. So getting rid of 6100 shares of Total SHitOla actually cost them money out of their pocket, not unlike paying the garbage man to haul away the garbage, unfortunately.